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Aberfeldie vs Clear Lake

Property investment comparison - Aberfeldie, VIC 3040 vs Clear Lake, VIC 3409

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

MetricAberfeldieClear Lake
Median house price$1.8M-
Median unit price$685K-
Gross rental yield (houses)1.98%4.66%
Gross rental yield (units)--
1-year house growth-0.7%estimate-
3-year house growth--
Vacancy rate1.5%1.7%
Population3,92557

Aberfeldie vs Clear Lake: what the numbers say

On cash flow, Clear Lake leads: houses there return a gross rental yield of 4.66%, compared with 1.98% in Aberfeldie, a gap of 2.68 percentage points.

Rental vacancy is 1.5% in Aberfeldie and 1.7% in Clear Lake, 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 57, roughly 69 times the size of Clear Lake; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Clear Lake for rental income, 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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