Aberfeldie vs Forrest
Property investment comparison - Aberfeldie, VIC 3040 vs Forrest, VIC 3236
Head-to-head across core investment metrics: Aberfeldie wins 1, Forrest 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.
| Metric | Aberfeldie | Forrest |
|---|---|---|
| Median house price | $1.8M | - |
| Median unit price | $685K | - |
| Gross rental yield (houses) | 1.98% | 3.75% |
| Gross rental yield (units) | - | - |
| 1-year house growth | -0.7%estimate | +4.6% |
| 3-year house growth | - | +7.5% |
| Vacancy rate | 1.5% | 2.0% |
| Population | 3,925 | 257 |
Aberfeldie vs Forrest: what the numbers say
On cash flow, Forrest leads: houses there return a gross rental yield of 3.75%, compared with 1.98% in Aberfeldie, a gap of 1.77 percentage points.
Over the past year house prices moved -0.7% in Aberfeldie (an estimate) and +4.6% in Forrest, so recent momentum favours Forrest, while Aberfeldie went backwards.
Rental vacancy is 1.5% in Aberfeldie and 2.0% in Forrest, 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 257, roughly 15 times the size of Forrest; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Forrest for rental income, Forrest 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.
Keep exploring
- National investment guide - top suburbs across every metric
- Take the suburb finder quiz - 5 questions to match your goals
- How our investment score works
- Property investment glossary - every term defined
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