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Aintree vs Moonlight Flat

Property investment comparison - Aintree, VIC 3336 vs Moonlight Flat, VIC 3450

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

MetricAintreeMoonlight Flat
Median house price$705K-
Median unit price$575K$660K
Gross rental yield (houses)3.98%2.56%
Gross rental yield (units)2.49%3.54%
1-year house growth+1.1%-
3-year house growth-3.9%-
Vacancy rate14.5%0.7%
Population7,98281

Aintree vs Moonlight Flat: what the numbers say

For units, Aintree sits at a median of $575K against $660K in Moonlight Flat, which makes Aintree the more affordable unit market and Moonlight Flat the pricier one.

On cash flow, Aintree leads: houses there return a gross rental yield of 3.98%, compared with 2.56% in Moonlight Flat, a gap of 1.42 percentage points.

Rental vacancy is 0.7% in Moonlight Flat and 14.5% in Aintree, so landlords in Moonlight Flat 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 81, roughly 99 times the size of Moonlight Flat; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Aintree for rental income, Moonlight Flat 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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