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Aberfeldie vs Fryerstown

Property investment comparison - Aberfeldie, VIC 3040 vs Fryerstown, VIC 3451

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

MetricAberfeldieFryerstown
Median house price$1.8M-
Median unit price$685K$650K
Gross rental yield (houses)1.98%2.40%
Gross rental yield (units)-3.21%
1-year house growth-0.7%estimate+4.5%
3-year house growth--
Vacancy rate1.5%1.5%
Population3,925232

Aberfeldie vs Fryerstown: what the numbers say

For units, Aberfeldie sits at a median of $685K against $650K in Fryerstown, which makes Fryerstown the more affordable unit market and Aberfeldie the pricier one.

On cash flow, Fryerstown leads: houses there return a gross rental yield of 2.40%, compared with 1.98% in Aberfeldie, a gap of 0.42 percentage points.

Over the past year house prices moved -0.7% in Aberfeldie (an estimate) and +4.5% in Fryerstown, so recent momentum favours Fryerstown, while Aberfeldie went backwards.

Rental vacancy is the same in both, at 1.5%.

Aberfeldie is the bigger suburb, with a population of 3,925 against 232, roughly 17 times the size of Fryerstown; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Fryerstown for rental income, Fryerstown for recent price momentum. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.

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