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Aberfeldie vs Westmere

Property investment comparison - Aberfeldie, VIC 3040 vs Westmere, VIC 3351

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

MetricAberfeldieWestmere
Median house price$1.8M-
Median unit price$685K-
Gross rental yield (houses)1.98%9.95%
Gross rental yield (units)--
1-year house growth-0.7%estimate-
3-year house growth--
Vacancy rate1.5%6.7%
Population3,92562

Aberfeldie vs Westmere: what the numbers say

On cash flow, Westmere leads: houses there return a gross rental yield of 9.95%, compared with 1.98% in Aberfeldie, a gap of 7.97 percentage points.

Rental vacancy is 1.5% in Aberfeldie and 6.7% in Westmere, 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 62, roughly 63 times the size of Westmere; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Westmere 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 Westmere: Suburb Comparison 2026