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Aberfeldie vs Granite Rock

Property investment comparison - Aberfeldie, VIC 3040 vs Granite Rock, VIC 3875

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

MetricAberfeldieGranite Rock
Median house price$1.8M-
Median unit price$685K$540K
Gross rental yield (houses)1.98%3.60%
Gross rental yield (units)-3.89%
1-year house growth-0.7%estimate-
3-year house growth--
Vacancy rate1.5%6.7%
Population3,925261

Aberfeldie vs Granite Rock: what the numbers say

For units, Aberfeldie sits at a median of $685K against $540K in Granite Rock, which makes Granite Rock the more affordable unit market and Aberfeldie the pricier one.

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

Rental vacancy is 1.5% in Aberfeldie and 6.7% in Granite Rock, 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 261, roughly 15 times the size of Granite Rock; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Granite Rock 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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