Avoca vs Noorinbee
Property investment comparison - Avoca, VIC 3467 vs Noorinbee, VIC 3890
Head-to-head across core investment metrics: Avoca wins 1, Noorinbee wins 3. 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.
| Metric | Avoca | Noorinbee |
|---|---|---|
| Median house price | $400K | $390K |
| Median unit price | $320K | $165K |
| Gross rental yield (houses) | 5.06% | 3.14% |
| Gross rental yield (units) | 2.61% | 6.03% |
| 1-year house growth | +6.0%estimate | - |
| 3-year house growth | - | - |
| Vacancy rate | 0.9% | - |
| Population | 1,356 | 84 |
Avoca vs Noorinbee: what the numbers say
The median house price is $400K in Avoca and $390K in Noorinbee, so Noorinbee is the cheaper entry point, with Avoca houses about 3% dearer.
For units, Avoca sits at a median of $320K against $165K in Noorinbee, which makes Noorinbee the more affordable unit market and Avoca the pricier one.
On cash flow, Avoca leads: houses there return a gross rental yield of 5.06%, compared with 3.14% in Noorinbee, a gap of 1.92 percentage points.
Avoca is the bigger suburb, with a population of 1,356 against 84, roughly 16 times the size of Noorinbee; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Avoca for rental income, Noorinbee for a lower purchase price. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.
Keep exploring
- National investment guide - top suburbs across every metric
- Take the suburb finder quiz - 5 questions to match your goals
- How our investment score works
- Property investment glossary - every term defined
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