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Aberfeldie vs Lemnos

Property investment comparison - Aberfeldie, VIC 3040 vs Lemnos, VIC 3631

Head-to-head across core investment metrics: Aberfeldie wins 0, Lemnos wins 3. 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.

MetricAberfeldieLemnos
Median house price$1.8M-
Median unit price$685K$375K
Gross rental yield (houses)1.98%6.77%
Gross rental yield (units)-6.58%
1-year house growth-0.7%estimate-
3-year house growth--
Vacancy rate1.5%1.3%
Population3,925251

Aberfeldie vs Lemnos: what the numbers say

For units, Aberfeldie sits at a median of $685K against $375K in Lemnos, which makes Lemnos the more affordable unit market and Aberfeldie the pricier one.

On cash flow, Lemnos leads: houses there return a gross rental yield of 6.77%, compared with 1.98% in Aberfeldie, a gap of 4.79 percentage points.

Rental vacancy is 1.3% in Lemnos and 1.5% in Aberfeldie, so landlords in Lemnos 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 251, roughly 16 times the size of Lemnos; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Lemnos for rental income, Lemnos 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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