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Aberfeldie vs Cooma

Property investment comparison - Aberfeldie, VIC 3040 vs Cooma, VIC 3616

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

MetricAberfeldieCooma
Median house price$1.8M-
Median unit price$685K$240K
Gross rental yield (houses)1.98%2.80%
Gross rental yield (units)--
1-year house growth-0.7%estimate-
3-year house growth--
Vacancy rate1.5%2.7%
Population3,92594

Aberfeldie vs Cooma: what the numbers say

For units, Aberfeldie sits at a median of $685K against $240K in Cooma, which makes Cooma the more affordable unit market and Aberfeldie the pricier one.

On cash flow, Cooma leads: houses there return a gross rental yield of 2.80%, compared with 1.98% in Aberfeldie, a gap of 0.82 percentage points.

Rental vacancy is 1.5% in Aberfeldie and 2.7% in Cooma, 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 94, roughly 42 times the size of Cooma; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Cooma 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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