Albany vs South Morang: Property Investment Comparison 2026
Side-by-side investment comparison to help you decide which suburb suits your investment goals.
Albany
lowWA 6330
South Morang
lowVIC 3752
Overview
This guide compares Albany (WA, 6330) and South Morang (VIC, 3752) as property investment options.
| Feature | Albany | South Morang |
|---|---|---|
| State | WA | VIC |
| Region | Regional Major | Metro Outer |
| Risk Level | Low | Low |
| Hybrid Score | 7.6/10 | 6.7/10 |
Price Comparison
| Price Metric | Albany | South Morang |
|---|---|---|
| Median House | $700,000 | $805,000 |
| Median Unit | $430,000 | $535,000 |
Albany offers a lower entry price, approximately $105,000 (13%) cheaper at the median level.
Rental Yield Comparison
| Yield Metric | Albany | South Morang |
|---|---|---|
| Gross Yield | 5.88% | 3.73% |
| House Rent/wk | $791 | $577 |
| Unit Rent/wk | $547 | $501 |
Albany offers the higher gross yield at 5.88%, a difference of 2.15 percentage points.
Growth Comparison
| Growth Metric | Albany | South Morang |
|---|---|---|
| 5yr Growth p.a. | 6.0% | 6.0% |
| 10yr Growth p.a. | 5.1% | 5.1% |
| Growth Score | 5.2/10 | 7.2/10 |
South Morang has demonstrated stronger recent growth at 6.0% p.a. over the past 5 years.
Demographics Comparison
| Demographic | Albany | South Morang |
|---|---|---|
| Population | 38,042 | 24,989 |
| Median Age | 45 | 36 |
| Household Income | $70,148 | $108,056 |
| Unemployment | 3.9% | 5.2% |
| Owner-Occupier | N/A | N/A |
Risk Comparison
| Risk Metric | Albany | South Morang |
|---|---|---|
| Risk Level | Low | Low |
| Price Stability | N/A | N/A |
| Volatility | N/A | N/A |
Albany risks:
South Morang risks:
Investment Verdict
Who should invest where?
Growth seekers may prefer investigating South Morang (growth score 7.2/10, 5yr growth 6.0% p.a.). This suburb is better positioned for capital appreciation over a longer holding period.
Yield hunters may prefer investigating Albany (yield score 10.0/10, gross yield 5.88%). This suburb provides stronger rental returns and better cashflow potential.
Balanced investors seeking both growth and income may prefer Albany (hybrid score 7.6/10), which offers the best overall combination of metrics.
This information is general in nature and does not constitute personal financial advice. Investment decisions should be based on your individual circumstances. Consider seeking professional advice before making any property investment.
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