Skip to main content

Aberfeldie vs Bonbeach

Property investment comparison - Aberfeldie, VIC 3040 vs Bonbeach, VIC 3196

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

MetricAberfeldieBonbeach
Median house price$1.8M-
Median unit price$685K$755K
Gross rental yield (houses)1.98%3.20%
Gross rental yield (units)-4.15%
1-year house growth-0.7%estimate+7.5%estimate
3-year house growth--
Vacancy rate1.5%1.4%
Population3,9256,855

Aberfeldie vs Bonbeach: what the numbers say

For units, Aberfeldie sits at a median of $685K against $755K in Bonbeach, which makes Aberfeldie the more affordable unit market and Bonbeach the pricier one.

On cash flow, Bonbeach leads: houses there return a gross rental yield of 3.20%, compared with 1.98% in Aberfeldie, a gap of 1.22 percentage points.

Over the past year house prices moved -0.7% in Aberfeldie (an estimate) and +7.5% in Bonbeach (an estimate), so recent momentum favours Bonbeach, while Aberfeldie went backwards.

Rental vacancy is 1.4% in Bonbeach and 1.5% in Aberfeldie, so landlords in Bonbeach face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Bonbeach is the bigger suburb, with a population of 6,855 against 3,925, larger than Aberfeldie; a larger suburb usually means a deeper pool of buyers and tenants.

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

Keep exploring

Compare any 2-4 Australian suburbs

Build your own multi-suburb comparison with the full interactive tool.

Open interactive comparison