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Aberfeldie vs Lower Plenty

Property investment comparison - Aberfeldie, VIC 3040 vs Lower Plenty, VIC 3093

Head-to-head across core investment metrics: Aberfeldie wins 2, Lower Plenty 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.

MetricAberfeldieLower Plenty
Median house price$1.8M-
Median unit price$685K$690K
Gross rental yield (houses)1.98%-
Gross rental yield (units)-4.04%
1-year house growth-0.7%estimate-2.3%estimate
3-year house growth--
Vacancy rate1.5%0.7%
Population3,9253,962

Aberfeldie vs Lower Plenty: what the numbers say

For units, Aberfeldie sits at a median of $685K against $690K in Lower Plenty, which makes Aberfeldie the more affordable unit market and Lower Plenty the pricier one.

Over the past year house prices moved -0.7% in Aberfeldie (an estimate) and -2.3% in Lower Plenty (an estimate), so recent momentum favours Aberfeldie, while Lower Plenty went backwards.

Rental vacancy is 0.7% in Lower Plenty and 1.5% in Aberfeldie, so landlords in Lower Plenty face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Lower Plenty is the bigger suburb, with a population of 3,962 against 3,925, larger than Aberfeldie; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Aberfeldie for recent price momentum, Lower Plenty 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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