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Aberfeldie vs Toolong

Property investment comparison - Aberfeldie, VIC 3040 vs Toolong, VIC 3285

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

MetricAberfeldieToolong
Median house price$1.8M-
Median unit price$685K-
Gross rental yield (houses)1.98%3.64%
Gross rental yield (units)--
1-year house growth-0.7%estimate-
3-year house growth--
Vacancy rate1.5%2.4%
Population3,92588

Aberfeldie vs Toolong: what the numbers say

On cash flow, Toolong leads: houses there return a gross rental yield of 3.64%, compared with 1.98% in Aberfeldie, a gap of 1.66 percentage points.

Rental vacancy is 1.5% in Aberfeldie and 2.4% in Toolong, 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 88, roughly 45 times the size of Toolong; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Toolong 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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