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Aberfeldie vs Alvie

Property investment comparison - Aberfeldie, VIC 3040 vs Alvie, VIC 3249

Head-to-head across core investment metrics: Aberfeldie wins 0, Alvie wins 3. 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.

MetricAberfeldieAlvie
Median house price$1.8M-
Median unit price$685K$340K
Gross rental yield (houses)1.98%4.10%
Gross rental yield (units)-5.50%
1-year house growth-0.7%estimate-
3-year house growth--
Vacancy rate1.5%1.1%
Population3,925141

Aberfeldie vs Alvie: what the numbers say

For units, Aberfeldie sits at a median of $685K against $340K in Alvie, which makes Alvie the more affordable unit market and Aberfeldie the pricier one.

On cash flow, Alvie leads: houses there return a gross rental yield of 4.10%, compared with 1.98% in Aberfeldie, a gap of 2.12 percentage points.

Rental vacancy is 1.1% in Alvie and 1.5% in Aberfeldie, so landlords in Alvie face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Aberfeldie is the bigger suburb, with a population of 3,925 against 141, roughly 28 times the size of Alvie; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Alvie for rental income, Alvie for the tighter rental market. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.

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