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Aberfeldie vs St Andrews

Property investment comparison - Aberfeldie, VIC 3040 vs St Andrews, VIC 3761

Head-to-head across core investment metrics: Aberfeldie wins 1, St Andrews 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.

MetricAberfeldieSt Andrews
Median house price$1.8M-
Median unit price$685K$660K
Gross rental yield (houses)1.98%2.07%
Gross rental yield (units)-3.18%
1-year house growth-0.7%estimate-
3-year house growth--
Vacancy rate1.5%4.0%
Population3,9251,186

Aberfeldie vs St Andrews: what the numbers say

For units, Aberfeldie sits at a median of $685K against $660K in St Andrews, which makes St Andrews the more affordable unit market and Aberfeldie the pricier one.

On cash flow, St Andrews leads: houses there return a gross rental yield of 2.07%, compared with 1.98% in Aberfeldie, a gap of 0.09 percentage points.

Rental vacancy is 1.5% in Aberfeldie and 4.0% in St Andrews, 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 1,186, roughly 3.3 times the size of St Andrews; a larger suburb usually means a deeper pool of buyers and tenants.

In short: St Andrews for rental income, 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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