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Aintree vs Leichardt

Property investment comparison - Aintree, VIC 3336 vs Leichardt, VIC 3516

Head-to-head across core investment metrics: Aintree wins 1, Leichardt 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.

MetricAintreeLeichardt
Median house price$705K-
Median unit price$575K$285K
Gross rental yield (houses)3.98%3.00%
Gross rental yield (units)2.49%6.49%
1-year house growth+1.1%-
3-year house growth-3.9%-
Vacancy rate14.5%0.8%
Population7,982167

Aintree vs Leichardt: what the numbers say

For units, Aintree sits at a median of $575K against $285K in Leichardt, which makes Leichardt the more affordable unit market and Aintree the pricier one.

On cash flow, Aintree leads: houses there return a gross rental yield of 3.98%, compared with 3.00% in Leichardt, a gap of 0.98 percentage points.

Rental vacancy is 0.8% in Leichardt and 14.5% in Aintree, so landlords in Leichardt face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Aintree is the bigger suburb, with a population of 7,982 against 167, roughly 48 times the size of Leichardt; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Aintree for rental income, Leichardt 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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