Aspendale Gardens vs Glenlyon
Property investment comparison - Aspendale Gardens, VIC 3195 vs Glenlyon, VIC 3461
Head-to-head across core investment metrics: Aspendale Gardens wins 3, Glenlyon wins 0. 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.
| Metric | Aspendale Gardens | Glenlyon |
|---|---|---|
| Median house price | $1.3M | $1.3M |
| Median unit price | - | $605K |
| Gross rental yield (houses) | 3.29% | - |
| Gross rental yield (units) | 4.38% | 3.66% |
| 1-year house growth | +5.9%estimate | - |
| 3-year house growth | - | - |
| Vacancy rate | 1.8% | 7.5% |
| Population | 6,427 | 431 |
Aspendale Gardens vs Glenlyon: what the numbers say
The median house price is $1.3M in Aspendale Gardens and $1.3M in Glenlyon, so Aspendale Gardens is the cheaper entry point, with Glenlyon houses about 1% dearer.
Rental vacancy is 1.8% in Aspendale Gardens and 7.5% in Glenlyon, so landlords in Aspendale Gardens face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.
Aspendale Gardens is the bigger suburb, with a population of 6,427 against 431, roughly 15 times the size of Glenlyon; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Aspendale Gardens for a lower purchase price, Aspendale Gardens 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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Aspendale Gardens, VIC 3195
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