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Aberfeldie vs Green Gully

Property investment comparison - Aberfeldie, VIC 3040 vs Green Gully, VIC 3462

Head-to-head across core investment metrics: Aberfeldie wins 2, Green Gully 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.

MetricAberfeldieGreen Gully
Median house price$1.8M-
Median unit price$685K$725K
Gross rental yield (houses)1.98%5.56%
Gross rental yield (units)-2.00%
1-year house growth-0.7%estimate-
3-year house growth--
Vacancy rate1.5%15.9%
Population3,92571

Aberfeldie vs Green Gully: what the numbers say

For units, Aberfeldie sits at a median of $685K against $725K in Green Gully, which makes Aberfeldie the more affordable unit market and Green Gully the pricier one.

On cash flow, Green Gully leads: houses there return a gross rental yield of 5.56%, compared with 1.98% in Aberfeldie, a gap of 3.58 percentage points.

Rental vacancy is 1.5% in Aberfeldie and 15.9% in Green Gully, 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 71, roughly 55 times the size of Green Gully; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Green Gully 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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