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Aintree vs Elphinstone

Property investment comparison - Aintree, VIC 3336 vs Elphinstone, VIC 3448

Head-to-head across core investment metrics: Aintree wins 2, Elphinstone 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.

MetricAintreeElphinstone
Median house price$705K-
Median unit price$575K$620K
Gross rental yield (houses)3.98%3.48%
Gross rental yield (units)2.49%2.78%
1-year house growth+1.1%-
3-year house growth-3.9%-
Vacancy rate14.5%-
Population7,982633

Aintree vs Elphinstone: what the numbers say

For units, Aintree sits at a median of $575K against $620K in Elphinstone, which makes Aintree the more affordable unit market and Elphinstone the pricier one.

On cash flow, Aintree leads: houses there return a gross rental yield of 3.98%, compared with 3.48% in Elphinstone, a gap of 0.50 percentage points.

Aintree is the bigger suburb, with a population of 7,982 against 633, roughly 13 times the size of Elphinstone; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Aintree for rental income. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.

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