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Aberfeldie vs Harcourt

Property investment comparison - Aberfeldie, VIC 3040 vs Harcourt, VIC 3453

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

MetricAberfeldieHarcourt
Median house price$1.8M-
Median unit price$685K$645K
Gross rental yield (houses)1.98%3.84%
Gross rental yield (units)-1.73%
1-year house growth-0.7%estimate-
3-year house growth--
Vacancy rate1.5%1.5%
Population3,9251,038

Aberfeldie vs Harcourt: what the numbers say

For units, Aberfeldie sits at a median of $685K against $645K in Harcourt, which makes Harcourt the more affordable unit market and Aberfeldie the pricier one.

On cash flow, Harcourt leads: houses there return a gross rental yield of 3.84%, compared with 1.98% in Aberfeldie, a gap of 1.86 percentage points.

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

Aberfeldie is the bigger suburb, with a population of 3,925 against 1,038, roughly 3.8 times the size of Harcourt; a larger suburb usually means a deeper pool of buyers and tenants.

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

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