Aberfeldie is a smaller suburb in Victoria within the Moonee Valley local government area (postcode 3040). With a population of 3,925, the suburb has an established demographic with a median age of 41. Households earn a median income of $134K per year, with an average household size of 2.8 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are Australian, English, Italian.
The median house price in Aberfeldie is $1.9 million, having surged 19.6% over the past year. Units have a median price of $634,000 (-15.5% YoY). The current median weekly rent is $500. This gives a gross rental yield of approximately 1.3%. The median monthly mortgage repayment is $2,600.
Aberfeldie is served by 2 schools, including 1 primary, 1 secondary. The average ICSEA score is 1096, which is above the national average of 1,000. Public transport access includes 20 bus stops. The crime rate in the Moonee Valley LGA is moderate at 7,876 incidents per 100,000 population.
From an investment perspective, Aberfeldie offers a gross rental yield of 1.3%, rated as low yield. Property prices are above the state median ($1.9M/$875K), placing it in the premium segment. The price-to-income ratio of 14.6x is considered stretched. House prices have moved +19.6% year-on-year.
Aberfeldie is a smaller suburb in Victoria within the Moonee Valley local government area (postcode 3040). With a population of 3,925, the suburb has an established demographic with a median age of 41. Households earn a median income of $134K per year, with an average household size of 2.8 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are Australian, English, Italian.
The median house price in Aberfeldie is $1.9 million, having surged 19.6% over the past year. Units have a median price of $634,000 (-15.5% YoY). The current median weekly rent is $500. This gives a gross rental yield of approximately 1.3%. The median monthly mortgage repayment is $2,600.
Aberfeldie is served by 2 schools, including 1 primary, 1 secondary. The average ICSEA score is 1096, which is above the national average of 1,000. Public transport access includes 20 bus stops. The crime rate in the Moonee Valley LGA is moderate at 7,876 incidents per 100,000 population.
From an investment perspective, Aberfeldie offers a gross rental yield of 1.3%, rated as low yield. Property prices are above the state median ($1.9M/$875K), placing it in the premium segment. The price-to-income ratio of 14.6x is considered stretched. House prices have moved +19.6% year-on-year.