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Havelock vs St Albans Park

Property investment comparison - Havelock, VIC 3465 vs St Albans Park, VIC 3219

Head-to-head across core investment metrics: Havelock wins 2, St Albans Park 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.

MetricHavelockSt Albans Park
Median house price$695K$700K
Median unit price-$490K
Gross rental yield (houses)-3.89%
Gross rental yield (units)-4.20%
1-year house growth-+13.1%
3-year house growth-+19.8%
Vacancy rate0.1%0.9%
Population834,942

Havelock vs St Albans Park: what the numbers say

The median house price is $695K in Havelock and $700K in St Albans Park, so Havelock is the cheaper entry point, with St Albans Park houses about 1% dearer.

Rental vacancy is 0.1% in Havelock and 0.9% in St Albans Park, so landlords in Havelock face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

St Albans Park is the bigger suburb, with a population of 4,942 against 83, roughly 60 times the size of Havelock; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Havelock for a lower purchase price, Havelock 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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