Skip to main content

Aberfeldie vs Narracan

Property investment comparison - Aberfeldie, VIC 3040 vs Narracan, VIC 3824

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

MetricAberfeldieNarracan
Median house price$1.8M-
Median unit price$685K-
Gross rental yield (houses)1.98%3.10%
Gross rental yield (units)--
1-year house growth-0.7%estimate-
3-year house growth--
Vacancy rate1.5%0.9%
Population3,925262

Aberfeldie vs Narracan: what the numbers say

On cash flow, Narracan leads: houses there return a gross rental yield of 3.10%, compared with 1.98% in Aberfeldie, a gap of 1.12 percentage points.

Rental vacancy is 0.9% in Narracan and 1.5% in Aberfeldie, so landlords in Narracan 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 262, roughly 15 times the size of Narracan; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Narracan for rental income, Narracan for the tighter rental market. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.

Keep exploring

Compare any 2-4 Australian suburbs

Build your own multi-suburb comparison with the full interactive tool.

Open interactive comparison