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Avenel vs Plumpton

Property investment comparison - Avenel, VIC 3664 vs Plumpton, VIC 3335

Head-to-head across core investment metrics: Avenel wins 3, Plumpton wins 0. The better choice depends on whether you're optimising for cash flow, growth, affordability, or liquidity, the table below highlights the winner on each metric.

MetricAvenelPlumpton
Median house price$635K$635K
Median unit price-$605K
Gross rental yield (houses)3.81%3.14%
Gross rental yield (units)5.01%4.55%
1-year house growth+5.5%estimate-
3-year house growth--
Vacancy rate1.0%9.2%
Population1,11279

Avenel vs Plumpton: what the numbers say

Houses cost about the same in both suburbs: the median house price is $635K in Avenel and $635K in Plumpton.

On cash flow, Avenel leads: houses there return a gross rental yield of 3.81%, compared with 3.14% in Plumpton, a gap of 0.67 percentage points.

Rental vacancy is 1.0% in Avenel and 9.2% in Plumpton, so landlords in Avenel face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Avenel is the bigger suburb, with a population of 1,112 against 79, roughly 14 times the size of Plumpton; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Avenel for rental income, Avenel for the tighter rental market. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.

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