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Aberfeldie vs Wattle Bank

Property investment comparison - Aberfeldie, VIC 3040 vs Wattle Bank, VIC 3995

Head-to-head across core investment metrics: Aberfeldie wins 0, Wattle Bank 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.

MetricAberfeldieWattle Bank
Median house price$1.8M-
Median unit price$685K-
Gross rental yield (houses)1.98%2.52%
Gross rental yield (units)--
1-year house growth-0.7%estimate+2.4%
3-year house growth--
Vacancy rate1.5%1.3%
Population3,925250

Aberfeldie vs Wattle Bank: what the numbers say

On cash flow, Wattle Bank leads: houses there return a gross rental yield of 2.52%, compared with 1.98% in Aberfeldie, a gap of 0.54 percentage points.

Over the past year house prices moved -0.7% in Aberfeldie (an estimate) and +2.4% in Wattle Bank, so recent momentum favours Wattle Bank, while Aberfeldie went backwards.

Rental vacancy is 1.3% in Wattle Bank and 1.5% in Aberfeldie, so landlords in Wattle Bank 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 250, roughly 16 times the size of Wattle Bank; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Wattle Bank for rental income, Wattle Bank for recent price momentum, Wattle Bank 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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