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Aberfeldie suburb profile

Aberfeldie is a leafy, riverside suburb in Melbourne's inner north-west in the City of Moonee Valley, sitting along the Maribyrnong River with riverside parks, walking trails and cycling paths that shape everyday life. Quiet streets feature interwar homes and Californian bungalows alongside renovated period cottages and contemporary infill, attracting families and professionals who favour a village feel. A compact local shopping strip provides cafés and everyday services, and regular bus routes and nearby arterial roads make getting into the city straightforward. The suburb’s defining qualities are its green river frontage, family-friendly streets and low-key, community-minded lifestyle.

Aberfeldie property market performance

Current median dwelling price$1,142,500Past 3 months

Property growth+13.2%Past 12 months

Aberfeldie has relatively few recent sales, so there isn't enough recent data to publish a reliable median price for houses or units. The figures that are available show house values fell a solid 6.6% over the last 12 months, while unit values rose sharply, up 33.1% over the same period.

Over the last 3 months, 9 houses and 3 units changed hands. Houses sold in a median of 63 days.

The rental market in Aberfeldie recorded average house rents of $695 a week. Unit rents averaged $475 a week and rose a solid 5.6% over the last 12 months.

HousesUnits
Median price
Past 3 months
N/AN/A
Change in value
Past 12 months
-6.6%33.1%
Sold
Past 3 months
93
Median days on market
Past 12 months
63N/A
Average rent
Past 12 months
$695$475
Change in rent
Past 12 months
N/A5.6%

5 year median price trend for houses and units

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Aberfeldie demographics

Aberfeldie is a community of 3,925 people with a median age of 41. The median total household income is $2,571 a week, roughly $133,700 a year.

Families make up the bulk of households: couple families with children are the largest group at 55.7%, and together with couple families without children (29.6%) they account for about 85.3% of all families. One-parent families represent 13.5% and other families 1.2%.

Homes in Aberfeldie are predominantly owner-occupied: 40.3% are owned outright and 38.8% are owned with a mortgage, a combined owner-occupier share of roughly 79.1%. Renters make up 20.9% of dwellings.

Suburbs near Aberfeldie

Some popular suburbs near Aberfeldie include:

How does Aberfeldie compare to nearby suburbs?

  • Median house prices: Aberfeldie’s median house price is 53.8% higher than Maribyrnong’s.
  • Median unit prices: Aberfeldie’s median unit price is 37.1% higher than Maribyrnong’s.
  • House price growth: Property prices in nearby Essendon West have risen 51.8% more than in Aberfeldie over the past year.
  • Unit price growth: Over the past 12 months, unit prices in Aberfeldie have grown 29.0% higher than in Maribyrnong.
  • Selling speed for houses: Properties in Aberfeldie are selling 8.7% faster than in Essendon West.
  • Investment considerations: In Aberfeldie, the rental yield for house is 9.6% higher than the Melbourne average, while the rental yield for units is 19.5% lower.
  • House price growth: Over the past 12 months, house prices in Aberfeldie have grown 66.3% higher than the average rate of growth across Melbourne.
  • Unit price growth:Over the past 12 months, unit prices in Aberfeldie have grown 11.3% higher than the average rate of growth for units across Melbourne.

Choose the right real estate agents in Aberfeldie

Choosing the right real estate agent in Aberfeldie can have a big impact on your sale. While there are 37 real estate agents working in the suburb, but just 5 of them were responsible for 39.1% of all property sales over the past year, showing a strong footprint and track record in the area.

Commission rates typically range from 1.54% to 2.94%, depending on the agent and what’s included. Comparing both performance and fee structures can help you find someone who's well-suited to your needs, and set them up for a successful result.

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