Skip to main content

Aberfeldie vs Kirkstall

Property investment comparison - Aberfeldie, VIC 3040 vs Kirkstall, VIC 3283

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

MetricAberfeldieKirkstall
Median house price$1.8M-
Median unit price$685K$440K
Gross rental yield (houses)1.98%2.97%
Gross rental yield (units)-2.40%
1-year house growth-0.7%estimate-
3-year house growth--
Vacancy rate1.5%5.9%
Population3,925406

Aberfeldie vs Kirkstall: what the numbers say

For units, Aberfeldie sits at a median of $685K against $440K in Kirkstall, which makes Kirkstall the more affordable unit market and Aberfeldie the pricier one.

On cash flow, Kirkstall leads: houses there return a gross rental yield of 2.97%, compared with 1.98% in Aberfeldie, a gap of 0.99 percentage points.

Rental vacancy is 1.5% in Aberfeldie and 5.9% in Kirkstall, 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 406, roughly 10 times the size of Kirkstall; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Kirkstall 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.

Keep exploring

Compare any 2-4 Australian suburbs

Build your own multi-suburb comparison with the full interactive tool.

Open interactive comparison