St Albans Park vs Wangoom
Property investment comparison - St Albans Park, VIC 3219 vs Wangoom, VIC 3279
Head-to-head across core investment metrics: St Albans Park wins 1, Wangoom 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.
| Metric | St Albans Park | Wangoom |
|---|---|---|
| Median house price | $700K | $695K |
| Median unit price | $490K | - |
| Gross rental yield (houses) | 3.89% | 3.39% |
| Gross rental yield (units) | 4.20% | - |
| 1-year house growth | +13.1% | - |
| 3-year house growth | +19.8% | - |
| Vacancy rate | 0.9% | - |
| Population | 4,942 | 237 |
St Albans Park vs Wangoom: what the numbers say
The median house price is $700K in St Albans Park and $695K in Wangoom, so Wangoom is the cheaper entry point, with St Albans Park houses about 1% dearer.
On cash flow, St Albans Park leads: houses there return a gross rental yield of 3.89%, compared with 3.39% in Wangoom, a gap of 0.50 percentage points.
St Albans Park is the bigger suburb, with a population of 4,942 against 237, roughly 21 times the size of Wangoom; a larger suburb usually means a deeper pool of buyers and tenants.
In short: St Albans Park for rental income, Wangoom for a lower purchase price. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.
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St Albans Park, VIC 3219
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