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Aberfeldie vs Dookie

Property investment comparison - Aberfeldie, VIC 3040 vs Dookie, VIC 3646

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

MetricAberfeldieDookie
Median house price$1.8M-
Median unit price$685K$565K
Gross rental yield (houses)1.98%4.27%
Gross rental yield (units)--
1-year house growth-0.7%estimate+18.8%estimate
3-year house growth--
Vacancy rate1.5%3.9%
Population3,925333

Aberfeldie vs Dookie: what the numbers say

For units, Aberfeldie sits at a median of $685K against $565K in Dookie, which makes Dookie the more affordable unit market and Aberfeldie the pricier one.

On cash flow, Dookie leads: houses there return a gross rental yield of 4.27%, compared with 1.98% in Aberfeldie, a gap of 2.29 percentage points.

Over the past year house prices moved -0.7% in Aberfeldie (an estimate) and +18.8% in Dookie (an estimate), so recent momentum favours Dookie, while Aberfeldie went backwards.

Rental vacancy is 1.5% in Aberfeldie and 3.9% in Dookie, 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 333, roughly 12 times the size of Dookie; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Dookie for rental income, Dookie 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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