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Aberfeldie vs Girgarre

Property investment comparison - Aberfeldie, VIC 3040 vs Girgarre, VIC 3624

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

MetricAberfeldieGirgarre
Median house price$1.8M-
Median unit price$685K$190K
Gross rental yield (houses)1.98%-
Gross rental yield (units)-4.36%
1-year house growth-0.7%estimate-
3-year house growth--
Vacancy rate1.5%2.0%
Population3,925563

Aberfeldie vs Girgarre: what the numbers say

For units, Aberfeldie sits at a median of $685K against $190K in Girgarre, which makes Girgarre the more affordable unit market and Aberfeldie the pricier one.

Rental vacancy is 1.5% in Aberfeldie and 2.0% in Girgarre, 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 563, roughly 7 times the size of Girgarre; 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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