Aintree vs Port Melbourne

For units, Aintree sits at a median of $575K against $740K in Port Melbourne, which makes Aintree the more affordable unit market and Port Melbourne the pricier one.

On cash flow, Aintree leads: houses there return a gross rental yield of 3.98%, compared with 2.93% in Port Melbourne, a gap of 1.05 percentage points.

Over the past year house prices moved +1.1% in Aintree and +0.0% in Port Melbourne, so recent momentum favours Aintree, although both suburbs recorded growth.

Looking back three years, Aintree houses are -3.9% and Port Melbourne houses -8.8%, so Aintree has compounded faster than Port Melbourne over the longer window.

Rental vacancy is 1.1% in Port Melbourne and 14.5% in Aintree, so landlords in Port Melbourne face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Port Melbourne is the bigger suburb, with a population of 17,633 against 7,982, roughly 2.2 times the size of Aintree; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Aintree for rental income, Aintree for recent price momentum, Port Melbourne for the tighter rental market. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.