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Avonsleigh vs Lake Goldsmith

Property investment comparison - Avonsleigh, VIC 3782 vs Lake Goldsmith, VIC 3373

Head-to-head across core investment metrics: Avonsleigh wins 1, Lake Goldsmith wins 1. 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.

MetricAvonsleighLake Goldsmith
Median house price$910K$910K
Median unit price$815K-
Gross rental yield (houses)4.62%2.08%
Gross rental yield (units)3.57%-
1-year house growth+6.0%-
3-year house growth+24.1%-
Vacancy rate3.4%0.8%
Population84422

Avonsleigh vs Lake Goldsmith: what the numbers say

Houses cost about the same in both suburbs: the median house price is $910K in Avonsleigh and $910K in Lake Goldsmith.

On cash flow, Avonsleigh leads: houses there return a gross rental yield of 4.62%, compared with 2.08% in Lake Goldsmith, a gap of 2.54 percentage points.

Rental vacancy is 0.8% in Lake Goldsmith and 3.4% in Avonsleigh, so landlords in Lake Goldsmith face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Avonsleigh is the bigger suburb, with a population of 844 against 22, roughly 38 times the size of Lake Goldsmith; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Avonsleigh for rental income, Lake Goldsmith 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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