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ABS 2021 Census · Updated 21 May 2026
Albanvale is a well-established middle-ring suburb of Melbourne, Australia, with a population of approximately 5,641, making it a smaller community. Located approximately 19 km from the Melbourne CBD, Albanvale is a middle ring area in Victoria. The median household income is $66,508 per year.
Albanvale's income profile suggests a value-oriented market with competitive purchase prices.
Official Australia Post postcode for Albanvale. A postcode may cover multiple suburbs.
Australia Post Postcode Finder →Usual resident population at the most recent census.
Weekly median rent for occupied homes. Live rental data integration coming soon.
Annual median household income (before tax) across all households.
Straight-line distance from the suburb centroid to the nearest capital city CBD. Actual driving distance will be longer.
Estimated 1 school within or near this suburb.
Find schools near Albanvale on My School →Estimated 2 parks and green spaces near this suburb.
Monthly median mortgage repayment for households currently paying off a mortgage.
Proportion of separate houses versus units, townhouses, and other home types. Useful for investors assessing rental demand mix.
Albanvale is a smaller community of 5,641 — about 76% of the Victoria suburb median (7,416) — so investors should factor in the narrower buyer pool and longer average time-on-market. Albanvale's median household income of $66,508/year is 30% below the Victoria suburb median ($95,160) — this is an affordability play where returns lean on yield and patient capital growth rather than demographic premium. Median weekly rent of $325 equates to $1,408/month — about 94% of the median mortgage repayment of $1,500/month — meaning rental income covers most of a typical owner's repayment and this is a genuine cash-flow suburb before tax benefits. 19 km from Melbourne places Albanvale in the middle commuter belt, close enough for daily trips by car or rail but at a materially lower price point than inner suburbs.
Middle-ring locations like this one historically reward patient holders — focus on homes near catchment-zone schools and major transport. Local rents consume roughly 25% of household income — a useful sanity check on tenant affordability.
How Albanvale stacks up against the median of all Victoria suburbs in our dataset. Positive values mean Albanvale sits above the state median; negative means below.
| Metric | Albanvale | VIC median | Δ vs state |
|---|---|---|---|
| Population | 5,641 | 7,416 | -24% |
| Median household income | $66,508/yr | $95,160/yr | -30% |
| Median rent (weekly) | $325 | $380 | -14% |
| Median mortgage (monthly) | $1,500 | $1,950 | -23% |
| Distance to CBD | 19 km | 32 km | -41% |
| Separate houses | 91% | 78% | +13pp |
Pre-inspection briefing for Albanvale — every item is derived from public datasets, with full citations in our data sources page.
Limited buy-and-hold upside: household incomes 30% below the VIC median ($66,508 vs $95,160) means liquidity is thin and capital growth tends to lag the wider Victoria market over full cycles.
Strong rental coverage: $325/week (~$1,408/month) covers 94% of the $1,500/month median mortgage repayment, so the shortfall sits at just $92/month. Investors targeting positive cash flow should shortlist this suburb.
A dwelling mix skewed to houses (91% vs 78% VIC median) combined with a population of 5,641 creates a deeper market for value-add renovations — older stock, separate titles and stronger buyer competition are the usual pattern here.
Run the numbers on a Albanvale property
Scenario comparison, cash flow analysis, tax modelling, and PDF export — all in one place.
Create free account →Capital-growth expectations for Albanvale are modest for 2026 — incomes 30% below the VIC median of $95,160 suggest gains will lag headline metro markets. Rental coverage runs at ~94% of the typical mortgage ($1,408/month rent vs $1,500/month repayment), keeping cash flow in positive or near-neutral territory. The EquitySight investment score of 53/100 places Albanvale in the mid tier of Australian suburbs we profile, and overall investor sentiment is balanced heading into the second half of 2026.
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Albanvale scores 53/100 on our EquitySight investment framework — a moderate rating. That score is driven by a population of 5,641, median household income of $66,508/year and median weekly rent of $325. Whether it fits your portfolio depends on whether you are targeting cash flow, capital growth, or a value-add renovation — all three are scored with suburb-specific numbers elsewhere on this page.
The main demand drivers in Albanvale are proximity to Melbourne (19 km), a median household income of $66,508/year, a dwelling mix that is 91% separate houses, roughly 1 schools and 2 parks within the catchment. Together these shape both owner-occupier and tenant demand and are the factors we weight most heavily in the suburb's investment score.
Albanvale has a usual resident population of approximately 5,641, compared with a Victoria suburb median of 7,416 — placing it in the lower half of the state's suburbs by size. Population is the clearest proxy for market depth: more residents mean more transactions and typically a shorter average days-on-market on resale.
Albanvale sits 19 km straight-line from the Melbourne CBD. This is comfortable commuter territory, with reasonable rail and road access to the city.
The most recent census recorded a median weekly rent of $325 in Albanvale, equating to approximately $16,900/year in gross rental income (state median $380/week). Market rents have typically drifted above the recorded figure — verify against current listings on realestate.com.au and Domain before making an offer.
The median monthly mortgage repayment in Albanvale is $1,500, or approximately $18,000/year (vs $1,950/month state median). Stress-test your own borrowing at rates 1–2 percentage points above today's to make sure you can still service the loan through an RBA tightening cycle.
A median weekly rent of $325 works out to $1,408/month, covering 94% of the median mortgage repayment of $1,500/month. That leaves a $92/month shortfall (around $1,104/year before tax benefits), so a typical owner-occupier-priced property here is negatively geared. Actual cash flow depends on your deposit, loan terms, ownership costs and marginal tax rate — run the full numbers in our rental yield calculator.
The main risks are interest-rate sensitivity on the $1,500 median mortgage, below-median household incomes ($66,508 vs $95,160 state median), the broader Victoria market cycle. Each of these is covered in the Risk Factors section above with suburb-specific numbers rather than generic warnings.
Every number on this page comes from the ABS 2021 Census of Population and Housing, Australia Post postcode reference data, and OpenStreetMap amenity tiles. The investment score, strategy verdicts, and comparison table are computed deterministically from those inputs — no opinion, no estimation. See our full methodology and the data sources and licences for the formulas we use.