Aberfeldie vs Lance Creek
Property investment comparison - Aberfeldie, VIC 3040 vs Lance Creek, VIC 3995
Head-to-head across core investment metrics: Aberfeldie wins 0, Lance Creek 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.
| Metric | Aberfeldie | Lance Creek |
|---|---|---|
| Median house price | $1.8M | - |
| Median unit price | $685K | $195K |
| Gross rental yield (houses) | 1.98% | - |
| Gross rental yield (units) | - | 5.43% |
| 1-year house growth | -0.7%estimate | - |
| 3-year house growth | - | - |
| Vacancy rate | 1.5% | 1.3% |
| Population | 3,925 | 143 |
Aberfeldie vs Lance Creek: what the numbers say
For units, Aberfeldie sits at a median of $685K against $195K in Lance Creek, which makes Lance Creek the more affordable unit market and Aberfeldie the pricier one.
Rental vacancy is 1.3% in Lance Creek and 1.5% in Aberfeldie, so landlords in Lance Creek 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 143, roughly 27 times the size of Lance Creek; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Lance Creek for the tighter rental market. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.
Keep exploring
- National investment guide - top suburbs across every metric
- Take the suburb finder quiz - 5 questions to match your goals
- How our investment score works
- Property investment glossary - every term defined
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