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Aberfeldie vs Muckleford South

Property investment comparison - Aberfeldie, VIC 3040 vs Muckleford South, VIC 3462

Head-to-head across core investment metrics: Aberfeldie wins 2, Muckleford South 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.

MetricAberfeldieMuckleford South
Median house price$1.8M-
Median unit price$685K$800K
Gross rental yield (houses)1.98%2.82%
Gross rental yield (units)-1.59%
1-year house growth-0.7%estimate-
3-year house growth--
Vacancy rate1.5%15.8%
Population3,92533

Aberfeldie vs Muckleford South: what the numbers say

For units, Aberfeldie sits at a median of $685K against $800K in Muckleford South, which makes Aberfeldie the more affordable unit market and Muckleford South the pricier one.

On cash flow, Muckleford South leads: houses there return a gross rental yield of 2.82%, compared with 1.98% in Aberfeldie, a gap of 0.84 percentage points.

Rental vacancy is 1.5% in Aberfeldie and 15.8% in Muckleford South, 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 33, roughly 119 times the size of Muckleford South; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Muckleford South 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.

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