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Aberfeldie vs Myrtlebank

Property investment comparison - Aberfeldie, VIC 3040 vs Myrtlebank, VIC 3851

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

MetricAberfeldieMyrtlebank
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%26.4%
Population3,925126

Aberfeldie vs Myrtlebank: what the numbers say

Rental vacancy is 1.5% in Aberfeldie and 26.4% in Myrtlebank, 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 126, roughly 31 times the size of Myrtlebank; 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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