Aberfeldie vs Leonards Hill
Property investment comparison - Aberfeldie, VIC 3040 vs Leonards Hill, VIC 3461
Head-to-head across core investment metrics: Aberfeldie wins 1, Leonards Hill 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.
| Metric | Aberfeldie | Leonards Hill |
|---|---|---|
| Median house price | $1.8M | - |
| Median unit price | $685K | - |
| Gross rental yield (houses) | 1.98% | 3.10% |
| Gross rental yield (units) | - | - |
| 1-year house growth | -0.7%estimate | - |
| 3-year house growth | - | - |
| Vacancy rate | 1.5% | 3.4% |
| Population | 3,925 | 47 |
Aberfeldie vs Leonards Hill: what the numbers say
On cash flow, Leonards Hill leads: houses there return a gross rental yield of 3.10%, compared with 1.98% in Aberfeldie, a gap of 1.12 percentage points.
Rental vacancy is 1.5% in Aberfeldie and 3.4% in Leonards Hill, 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 47, roughly 84 times the size of Leonards Hill; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Leonards Hill 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
- 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
Compare any 2-4 Australian suburbs
Build your own multi-suburb comparison with the full interactive tool.
Open interactive comparison