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Aberfeldie vs Clunes

Property investment comparison - Aberfeldie, VIC 3040 vs Clunes, VIC 3370

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

MetricAberfeldieClunes
Median house price$1.8M-
Median unit price$685K$440K
Gross rental yield (houses)1.98%-
Gross rental yield (units)--
1-year house growth-0.7%estimate+9.1%
3-year house growth-+2.0%
Vacancy rate1.5%0.7%
Population3,9251,844

Aberfeldie vs Clunes: what the numbers say

For units, Aberfeldie sits at a median of $685K against $440K in Clunes, which makes Clunes the more affordable unit market and Aberfeldie the pricier one.

Over the past year house prices moved -0.7% in Aberfeldie (an estimate) and +9.1% in Clunes, so recent momentum favours Clunes, while Aberfeldie went backwards.

Rental vacancy is 0.7% in Clunes and 1.5% in Aberfeldie, so landlords in Clunes 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 1,844, roughly 2.1 times the size of Clunes; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Clunes for recent price momentum, Clunes 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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