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Aberfeldie vs Newlyn North

Property investment comparison - Aberfeldie, VIC 3040 vs Newlyn North, VIC 3364

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

MetricAberfeldieNewlyn North
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%1.7%
Population3,925230

Aberfeldie vs Newlyn North: what the numbers say

Rental vacancy is 1.5% in Aberfeldie and 1.7% in Newlyn North, 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 230, roughly 17 times the size of Newlyn North; 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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