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Avonsleigh vs Upwey

Property investment comparison - Avonsleigh, VIC 3782 vs Upwey, VIC 3158

Head-to-head across core investment metrics: Avonsleigh wins 3, Upwey 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.

MetricAvonsleighUpwey
Median house price$910K$910K
Median unit price$815K-
Gross rental yield (houses)4.62%-
Gross rental yield (units)3.57%3.54%
1-year house growth+6.0%+4.7%
3-year house growth+24.1%-1.1%
Vacancy rate3.4%0.5%
Population8446,818

Avonsleigh vs Upwey: what the numbers say

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

Over the past year house prices moved +6.0% in Avonsleigh and +4.7% in Upwey, so recent momentum favours Avonsleigh, although both suburbs recorded growth.

Looking back three years, Avonsleigh houses are +24.1% and Upwey houses -1.1%, so Avonsleigh has compounded faster than Upwey over the longer window.

Rental vacancy is 0.5% in Upwey and 3.4% in Avonsleigh, so landlords in Upwey face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Upwey is the bigger suburb, with a population of 6,818 against 844, roughly 8 times the size of Avonsleigh; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Avonsleigh for recent price momentum, Upwey 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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