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Aberfeldie vs Bellarine

Property investment comparison - Aberfeldie, VIC 3040 vs Bellarine, VIC 3223

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

MetricAberfeldieBellarine
Median house price$1.8M-
Median unit price$685K$510K
Gross rental yield (houses)1.98%2.12%
Gross rental yield (units)-5.28%
1-year house growth-0.7%estimate-
3-year house growth--
Vacancy rate1.5%1.5%
Population3,925169

Aberfeldie vs Bellarine: what the numbers say

For units, Aberfeldie sits at a median of $685K against $510K in Bellarine, which makes Bellarine the more affordable unit market and Aberfeldie the pricier one.

On cash flow, Bellarine leads: houses there return a gross rental yield of 2.12%, compared with 1.98% in Aberfeldie, a gap of 0.14 percentage points.

Rental vacancy is the same in both, at 1.5%.

Aberfeldie is the bigger suburb, with a population of 3,925 against 169, roughly 23 times the size of Bellarine; a larger suburb usually means a deeper pool of buyers and tenants.

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

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