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Aberfeldie vs Mepunga West

Property investment comparison - Aberfeldie, VIC 3040 vs Mepunga West, VIC 3277

Head-to-head across core investment metrics: Aberfeldie wins 2, Mepunga West wins 0. 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.

MetricAberfeldieMepunga West
Median house price$1.8M-
Median unit price$685K$935K
Gross rental yield (houses)1.98%-
Gross rental yield (units)-2.60%
1-year house growth-0.7%estimate-
3-year house growth--
Vacancy rate1.5%1.7%
Population3,92583

Aberfeldie vs Mepunga West: what the numbers say

For units, Aberfeldie sits at a median of $685K against $935K in Mepunga West, which makes Aberfeldie the more affordable unit market and Mepunga West the pricier one.

Rental vacancy is 1.5% in Aberfeldie and 1.7% in Mepunga West, 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 83, roughly 47 times the size of Mepunga West; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Aberfeldie 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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