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Aberfeldie vs Myrtle Creek

Property investment comparison - Aberfeldie, VIC 3040 vs Myrtle Creek, VIC 3551

Head-to-head across core investment metrics: Aberfeldie wins 1, Myrtle Creek 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.

MetricAberfeldieMyrtle Creek
Median house price$1.8M-
Median unit price$685K-
Gross rental yield (houses)1.98%-
Gross rental yield (units)--
1-year house growth-0.7%estimate-
3-year house growth--
Vacancy rate1.5%1.6%
Population3,92568

Aberfeldie vs Myrtle Creek: what the numbers say

Rental vacancy is 1.5% in Aberfeldie and 1.6% in Myrtle Creek, 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 68, roughly 58 times the size of Myrtle Creek; 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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