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Aberfeldie vs Sebastian

Property investment comparison - Aberfeldie, VIC 3040 vs Sebastian, VIC 3556

Head-to-head across core investment metrics: Aberfeldie wins 1, Sebastian wins 3. 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.

MetricAberfeldieSebastian
Median house price$1.8M-
Median unit price$685K$410K
Gross rental yield (houses)1.98%4.40%
Gross rental yield (units)-6.09%
1-year house growth-0.7%estimate+3.5%
3-year house growth--
Vacancy rate1.5%7.2%
Population3,925251

Aberfeldie vs Sebastian: what the numbers say

For units, Aberfeldie sits at a median of $685K against $410K in Sebastian, which makes Sebastian the more affordable unit market and Aberfeldie the pricier one.

On cash flow, Sebastian leads: houses there return a gross rental yield of 4.40%, compared with 1.98% in Aberfeldie, a gap of 2.42 percentage points.

Over the past year house prices moved -0.7% in Aberfeldie (an estimate) and +3.5% in Sebastian, so recent momentum favours Sebastian, while Aberfeldie went backwards.

Rental vacancy is 1.5% in Aberfeldie and 7.2% in Sebastian, 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 251, roughly 16 times the size of Sebastian; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Sebastian for rental income, Sebastian 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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