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Aberfeldie vs Myers Flat

Property investment comparison - Aberfeldie, VIC 3040 vs Myers Flat, VIC 3556

Head-to-head across core investment metrics: Aberfeldie wins 0, Myers Flat wins 3. 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.

MetricAberfeldieMyers Flat
Median house price$1.8M-
Median unit price$685K$575K
Gross rental yield (houses)1.98%2.28%
Gross rental yield (units)-4.06%
1-year house growth-0.7%estimate-
3-year house growth--
Vacancy rate1.5%0.6%
Population3,925545

Aberfeldie vs Myers Flat: what the numbers say

For units, Aberfeldie sits at a median of $685K against $575K in Myers Flat, which makes Myers Flat the more affordable unit market and Aberfeldie the pricier one.

On cash flow, Myers Flat leads: houses there return a gross rental yield of 2.28%, compared with 1.98% in Aberfeldie, a gap of 0.30 percentage points.

Rental vacancy is 0.6% in Myers Flat and 1.5% in Aberfeldie, so landlords in Myers Flat 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 545, roughly 7 times the size of Myers Flat; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Myers Flat for rental income, Myers Flat 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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Aberfeldie vs Myers Flat: Suburb Comparison 2026