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Aspendale vs Yannathan

Property investment comparison - Aspendale, VIC 3195 vs Yannathan, VIC 3981

Head-to-head across core investment metrics: Aspendale wins 3, Yannathan wins 1. 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.

MetricAspendaleYannathan
Median house price$1.4M$1.5M
Median unit price$865K$1.2M
Gross rental yield (houses)3.00%2.70%
Gross rental yield (units)4.14%-
1-year house growth+5.2%estimate-
3-year house growth--
Vacancy rate1.0%0.6%
Population7,285272

Aspendale vs Yannathan: what the numbers say

The median house price is $1.4M in Aspendale and $1.5M in Yannathan, so Aspendale is the cheaper entry point, with Yannathan houses about 1% dearer.

For units, Aspendale sits at a median of $865K against $1.2M in Yannathan, which makes Aspendale the more affordable unit market and Yannathan the pricier one.

On cash flow, Aspendale leads: houses there return a gross rental yield of 3.00%, compared with 2.70% in Yannathan, a gap of 0.30 percentage points.

Rental vacancy is 0.6% in Yannathan and 1.0% in Aspendale, so landlords in Yannathan face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Aspendale is the bigger suburb, with a population of 7,285 against 272, roughly 27 times the size of Yannathan; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Aspendale for rental income, Aspendale for a lower purchase price, Yannathan 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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