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Aberfeldie vs Naroghid

Property investment comparison - Aberfeldie, VIC 3040 vs Naroghid, VIC 3266

Head-to-head across core investment metrics: Aberfeldie wins 0, Naroghid 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.

MetricAberfeldieNaroghid
Median house price$1.8M-
Median unit price$685K$310K
Gross rental yield (houses)1.98%-
Gross rental yield (units)-4.04%
1-year house growth-0.7%estimate-
3-year house growth--
Vacancy rate1.5%0.6%
Population3,92566

Aberfeldie vs Naroghid: what the numbers say

For units, Aberfeldie sits at a median of $685K against $310K in Naroghid, which makes Naroghid the more affordable unit market and Aberfeldie the pricier one.

Rental vacancy is 0.6% in Naroghid and 1.5% in Aberfeldie, so landlords in Naroghid 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 66, roughly 59 times the size of Naroghid; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Naroghid 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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