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Aberfeldie vs Elevated Plains

Property investment comparison - Aberfeldie, VIC 3040 vs Elevated Plains, VIC 3461

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

MetricAberfeldieElevated Plains
Median house price$1.8M-
Median unit price$685K-
Gross rental yield (houses)1.98%2.75%
Gross rental yield (units)--
1-year house growth-0.7%estimate-
3-year house growth--
Vacancy rate1.5%3.4%
Population3,92539

Aberfeldie vs Elevated Plains: what the numbers say

On cash flow, Elevated Plains leads: houses there return a gross rental yield of 2.75%, compared with 1.98% in Aberfeldie, a gap of 0.77 percentage points.

Rental vacancy is 1.5% in Aberfeldie and 3.4% in Elevated Plains, 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 39, roughly 101 times the size of Elevated Plains; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Elevated Plains 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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