Alfredton vs Wagga Wagga: Property Investment Comparison 2026
Side-by-side investment comparison to help you decide which suburb suits your investment goals.
Alfredton
lowVIC 3352
Wagga Wagga
lowNSW 2650
Overview
This guide compares Alfredton (VIC, 3352) and Wagga Wagga (NSW, 2650) as property investment options.
| Feature | Alfredton | Wagga Wagga |
|---|---|---|
| State | VIC | NSW |
| Region | Regional Minor | Regional Major |
| Risk Level | Low | Low |
| Hybrid Score | 5.0/10 | 8.0/10 |
Price Comparison
| Price Metric | Alfredton | Wagga Wagga |
|---|---|---|
| Median House | $605,000 | $500,000 |
| Median Unit | $390,000 | $320,000 |
| Median Townhouse | N/A | $410,000 |
Wagga Wagga offers a lower entry price, approximately $105,000 (17%) cheaper at the median level.
Rental Yield Comparison
| Yield Metric | Alfredton | Wagga Wagga |
|---|---|---|
| Gross Yield | 4.29% | 5.96% |
| House Rent/wk | $499 | $573 |
| Unit Rent/wk | $320 | $417 |
| Vacancy Rate | N/A | 1.1% |
| Days on Market | N/A | 25 |
Wagga Wagga offers the higher gross yield at 5.96%, a difference of 1.67 percentage points.
Growth Comparison
| Growth Metric | Alfredton | Wagga Wagga |
|---|---|---|
| 5yr Growth p.a. | 6.0% | 6.8% |
| 10yr Growth p.a. | 5.1% | 5.9% |
| Growth Score | 8.0/10 | 7.0/10 |
Wagga Wagga has demonstrated stronger recent growth at 6.8% p.a. over the past 5 years.
Demographics Comparison
| Demographic | Alfredton | Wagga Wagga |
|---|---|---|
| Population | 18,922 | 55,000 |
| Median Age | 40 | 35 |
| Household Income | $96,616 | $74,000 |
| Unemployment | 2.8% | 4.0% |
| Owner-Occupier | N/A | 56% |
Risk Comparison
| Risk Metric | Alfredton | Wagga Wagga |
|---|---|---|
| Risk Level | Low | Low |
| Price Stability | N/A | 7.5/10 |
| Volatility | N/A | 3.0 |
Alfredton risks:
Wagga Wagga risks: Limited capital growth upside; Inland location less appealing than coastal; Agricultural sector volatility
Investment Verdict
Who should invest where?
Growth seekers may prefer investigating Alfredton (growth score 8.0/10, 5yr growth 6.0% p.a.). This suburb is better positioned for capital appreciation over a longer holding period.
Yield hunters may prefer investigating Wagga Wagga (yield score 9.0/10, gross yield 5.96%). This suburb provides stronger rental returns and better cashflow potential.
Balanced investors seeking both growth and income may prefer Wagga Wagga (hybrid score 8.0/10), 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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