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Aintree vs Shepherds Flat

Property investment comparison - Aintree, VIC 3336 vs Shepherds Flat, VIC 3461

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

MetricAintreeShepherds Flat
Median house price$705K-
Median unit price$575K$950K
Gross rental yield (houses)3.98%2.10%
Gross rental yield (units)2.49%2.50%
1-year house growth+1.1%-
3-year house growth-3.9%-
Vacancy rate14.5%3.3%
Population7,98271

Aintree vs Shepherds Flat: what the numbers say

For units, Aintree sits at a median of $575K against $950K in Shepherds Flat, which makes Aintree the more affordable unit market and Shepherds Flat the pricier one.

On cash flow, Aintree leads: houses there return a gross rental yield of 3.98%, compared with 2.10% in Shepherds Flat, a gap of 1.88 percentage points.

Rental vacancy is 3.3% in Shepherds Flat and 14.5% in Aintree, so landlords in Shepherds Flat face less competition for tenants.

Aintree is the bigger suburb, with a population of 7,982 against 71, roughly 112 times the size of Shepherds Flat; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Aintree for rental income, Shepherds 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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