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Aberfeldie vs Devon Meadows

Property investment comparison - Aberfeldie, VIC 3040 vs Devon Meadows, VIC 3977

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

MetricAberfeldieDevon Meadows
Median house price$1.8M-
Median unit price$685K$670K
Gross rental yield (houses)1.98%-
Gross rental yield (units)-3.99%
1-year house growth-0.7%estimate-
3-year house growth--
Vacancy rate1.5%6.2%
Population3,9251,551

Aberfeldie vs Devon Meadows: what the numbers say

For units, Aberfeldie sits at a median of $685K against $670K in Devon Meadows, which makes Devon Meadows the more affordable unit market and Aberfeldie the pricier one.

Rental vacancy is 1.5% in Aberfeldie and 6.2% in Devon Meadows, 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 1,551, roughly 2.5 times the size of Devon Meadows; a larger suburb usually means a deeper pool of buyers and tenants.

In short: 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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