Alfredton vs Werribee: Property Investment Comparison 2026
Side-by-side investment comparison to help you decide which suburb suits your investment goals.
Alfredton
lowVIC 3352
Werribee
lowVIC 3030
Overview
This guide compares Alfredton (VIC, 3352) and Werribee (VIC, 3030) as property investment options.
| Feature | Alfredton | Werribee |
|---|---|---|
| State | VIC | VIC |
| Region | Regional Minor | Metro Outer |
| Risk Level | Low | Low |
| Hybrid Score | 5.0/10 | 9.0/10 |
Price Comparison
| Price Metric | Alfredton | Werribee |
|---|---|---|
| Median House | $605,000 | $620,000 |
| Median Unit | $390,000 | $400,000 |
| Median Townhouse | N/A | $500,000 |
Alfredton offers a lower entry price, approximately $15,000 (2%) cheaper at the median level.
Rental Yield Comparison
| Yield Metric | Alfredton | Werribee |
|---|---|---|
| Gross Yield | 4.30% | 4.56% |
| House Rent/wk | $500 | $544 |
| Unit Rent/wk | $333 | $420 |
| Vacancy Rate | N/A | 1.3% |
| Days on Market | N/A | 25 |
Werribee offers the higher gross yield at 4.56%, a difference of 0.26 percentage points.
Growth Comparison
| Growth Metric | Alfredton | Werribee |
|---|---|---|
| 5yr Growth p.a. | 6.0% | 6.2% |
| 10yr Growth p.a. | 5.1% | 7.5% |
| Growth Score | 8.0/10 | 10.0/10 |
Werribee has demonstrated stronger recent growth at 6.2% p.a. over the past 5 years.
Demographics Comparison
| Demographic | Alfredton | Werribee |
|---|---|---|
| Population | 18,922 | 45,000 |
| Median Age | 40 | 34 |
| Household Income | $96,616 | $85,000 |
| Unemployment | 2.8% | 4.8% |
| Owner-Occupier | N/A | 60% |
Risk Comparison
| Risk Metric | Alfredton | Werribee |
|---|---|---|
| Risk Level | Low | Low |
| Price Stability | N/A | 7.2/10 |
| Volatility | N/A | 3.2 |
Alfredton risks:
Werribee risks: Traffic congestion until tunnel complete; Some industrial areas nearby; Competition from newer estates
Investment Verdict
Who should invest where?
Growth seekers may prefer investigating Werribee (growth score 10.0/10, 5yr growth 6.2% p.a.). This suburb is better positioned for capital appreciation over a longer holding period.
Yield hunters may prefer investigating Werribee (yield score 7.0/10, gross yield 4.56%). This suburb provides stronger rental returns and better cashflow potential.
Balanced investors seeking both growth and income may prefer Werribee (hybrid score 9.0/10), 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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