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Aberfeldie vs Toora

Property investment comparison - Aberfeldie, VIC 3040 vs Toora, VIC 3962

Head-to-head across core investment metrics: Aberfeldie wins 0, Toora wins 4. 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.

MetricAberfeldieToora
Median house price$1.8M-
Median unit price$685K$450K
Gross rental yield (houses)1.98%4.75%
Gross rental yield (units)-2.69%
1-year house growth-0.7%estimate+4.6%
3-year house growth--15.6%
Vacancy rate1.5%1.0%
Population3,925713

Aberfeldie vs Toora: what the numbers say

For units, Aberfeldie sits at a median of $685K against $450K in Toora, which makes Toora the more affordable unit market and Aberfeldie the pricier one.

On cash flow, Toora leads: houses there return a gross rental yield of 4.75%, compared with 1.98% in Aberfeldie, a gap of 2.77 percentage points.

Over the past year house prices moved -0.7% in Aberfeldie (an estimate) and +4.6% in Toora, so recent momentum favours Toora, while Aberfeldie went backwards.

Rental vacancy is 1.0% in Toora and 1.5% in Aberfeldie, so landlords in Toora 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 713, roughly 6 times the size of Toora; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Toora for rental income, Toora for recent price momentum, Toora 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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