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Aberfeldie vs Cohuna

Property investment comparison - Aberfeldie, VIC 3040 vs Cohuna, VIC 3568

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

MetricAberfeldieCohuna
Median house price$1.8M-
Median unit price$685K$215K
Gross rental yield (houses)1.98%-
Gross rental yield (units)-5.03%
1-year house growth-0.7%estimate+4.3%
3-year house growth-+16.9%
Vacancy rate1.5%2.8%
Population3,9252,415

Aberfeldie vs Cohuna: what the numbers say

For units, Aberfeldie sits at a median of $685K against $215K in Cohuna, which makes Cohuna the more affordable unit market and Aberfeldie the pricier one.

Over the past year house prices moved -0.7% in Aberfeldie (an estimate) and +4.3% in Cohuna, so recent momentum favours Cohuna, while Aberfeldie went backwards.

Rental vacancy is 1.5% in Aberfeldie and 2.8% in Cohuna, 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 2,415, larger than Cohuna; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Cohuna 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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