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Aberfeldie vs Tambo Upper

Property investment comparison - Aberfeldie, VIC 3040 vs Tambo Upper, VIC 3885

Head-to-head across core investment metrics: Aberfeldie wins 1, Tambo Upper 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.

MetricAberfeldieTambo Upper
Median house price$1.8M-
Median unit price$685K$340K
Gross rental yield (houses)1.98%2.04%
Gross rental yield (units)-3.51%
1-year house growth-0.7%estimate-
3-year house growth--
Vacancy rate1.5%3.7%
Population3,925325

Aberfeldie vs Tambo Upper: what the numbers say

For units, Aberfeldie sits at a median of $685K against $340K in Tambo Upper, which makes Tambo Upper the more affordable unit market and Aberfeldie the pricier one.

On cash flow, Tambo Upper leads: houses there return a gross rental yield of 2.04%, compared with 1.98% in Aberfeldie, a gap of 0.06 percentage points.

Rental vacancy is 1.5% in Aberfeldie and 3.7% in Tambo Upper, 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 325, roughly 12 times the size of Tambo Upper; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Tambo Upper 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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Aberfeldie vs Tambo Upper: Suburb Comparison 2026