Aberfeldie vs North Wangaratta
Property investment comparison - Aberfeldie, VIC 3040 vs North Wangaratta, VIC 3678
Head-to-head across core investment metrics: Aberfeldie wins 2, North Wangaratta wins 1. 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.
| Metric | Aberfeldie | North Wangaratta |
|---|---|---|
| Median house price | $1.8M | - |
| Median unit price | $685K | $365K |
| Gross rental yield (houses) | 1.98% | - |
| Gross rental yield (units) | - | 3.57% |
| 1-year house growth | -0.7%estimate | -18.0% |
| 3-year house growth | - | - |
| Vacancy rate | 1.5% | 1.9% |
| Population | 3,925 | 282 |
Aberfeldie vs North Wangaratta: what the numbers say
For units, Aberfeldie sits at a median of $685K against $365K in North Wangaratta, which makes North Wangaratta the more affordable unit market and Aberfeldie the pricier one.
Over the past year house prices moved -0.7% in Aberfeldie (an estimate) and -18.0% in North Wangaratta, so recent momentum favours Aberfeldie, while North Wangaratta went backwards.
Rental vacancy is 1.5% in Aberfeldie and 1.9% in North Wangaratta, 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 282, roughly 14 times the size of North Wangaratta; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Aberfeldie for recent price momentum, 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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North Wangaratta, VIC 3678
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