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Aberfeldie vs Gormandale

Property investment comparison - Aberfeldie, VIC 3040 vs Gormandale, VIC 3873

Head-to-head across core investment metrics: Aberfeldie wins 0, Gormandale 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.

MetricAberfeldieGormandale
Median house price$1.8M-
Median unit price$685K$450K
Gross rental yield (houses)1.98%3.60%
Gross rental yield (units)-5.80%
1-year house growth-0.7%estimate+7.2%
3-year house growth--
Vacancy rate1.5%-
Population3,925324

Aberfeldie vs Gormandale: what the numbers say

For units, Aberfeldie sits at a median of $685K against $450K in Gormandale, which makes Gormandale the more affordable unit market and Aberfeldie the pricier one.

On cash flow, Gormandale leads: houses there return a gross rental yield of 3.60%, compared with 1.98% in Aberfeldie, a gap of 1.62 percentage points.

Over the past year house prices moved -0.7% in Aberfeldie (an estimate) and +7.2% in Gormandale, so recent momentum favours Gormandale, while Aberfeldie went backwards.

Aberfeldie is the bigger suburb, with a population of 3,925 against 324, roughly 12 times the size of Gormandale; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Gormandale for rental income, Gormandale 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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