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Aberfeldie vs Ardmona

Property investment comparison - Aberfeldie, VIC 3040 vs Ardmona, VIC 3629

Head-to-head across core investment metrics: Aberfeldie wins 1, Ardmona wins 2. 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.

MetricAberfeldieArdmona
Median house price$1.8M-
Median unit price$685K$445K
Gross rental yield (houses)1.98%-
Gross rental yield (units)-3.93%
1-year house growth-0.7%estimate+1.1%
3-year house growth--
Vacancy rate1.5%1.6%
Population3,925497

Aberfeldie vs Ardmona: what the numbers say

For units, Aberfeldie sits at a median of $685K against $445K in Ardmona, which makes Ardmona the more affordable unit market and Aberfeldie the pricier one.

Over the past year house prices moved -0.7% in Aberfeldie (an estimate) and +1.1% in Ardmona, so recent momentum favours Ardmona, while Aberfeldie went backwards.

Rental vacancy is 1.5% in Aberfeldie and 1.6% in Ardmona, so landlords in Aberfeldie 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 497, roughly 8 times the size of Ardmona; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Ardmona for recent price momentum, Aberfeldie 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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