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Aberfeldie vs Murchison North

Property investment comparison - Aberfeldie, VIC 3040 vs Murchison North, VIC 3610

Head-to-head across core investment metrics: Aberfeldie wins 1, Murchison North wins 2. 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.

MetricAberfeldieMurchison North
Median house price$1.8M-
Median unit price$685K$330K
Gross rental yield (houses)1.98%4.33%
Gross rental yield (units)-7.26%
1-year house growth-0.7%estimate-
3-year house growth--
Vacancy rate1.5%3.6%
Population3,925185

Aberfeldie vs Murchison North: what the numbers say

For units, Aberfeldie sits at a median of $685K against $330K in Murchison North, which makes Murchison North the more affordable unit market and Aberfeldie the pricier one.

On cash flow, Murchison North leads: houses there return a gross rental yield of 4.33%, compared with 1.98% in Aberfeldie, a gap of 2.35 percentage points.

Rental vacancy is 1.5% in Aberfeldie and 3.6% in Murchison North, 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 185, roughly 21 times the size of Murchison North; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Murchison North 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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