Is ASPENDALE a good suburb for positive geared property investment in Australia?

ASPENDALE in VIC currently features property rental yields up to 3.0% with a 12-month capital growth value of Up 8.4%. Under standard conditions, suburbs with yields above 5.0% represent strong positive gearing potential.

What is the median house price in ASPENDALE 3195?

The median house price in ASPENDALE 3195 is approximately $1,400,000 based on the latest tracked market indices.

Investment Spotlight • Australia

ASPENDALE 3195

State: VIC

Updated: 4 July 2026

PosiProp AI Investment Summary

ASPENDALE (VIC 3195) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 3.0% and has experienced a 12-month capital growth of Up 8.4%, with a median house buy price of $1,400,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.

Positive Gearing Potential Verified: Suburb rental index metrics qualify Richmond for positive cash flow portfolios. Review the price brackets and explore the live listings below.

Market Yield & Price Indices

2 house • buy

$1,278,000

Up 18.3% 2.9% Yield

3 house • buy

$1,358,000

Up 13.0% 3.1% Yield

4 house • buy

$1,590,000

Up 4.2% 3.1% Yield

all house • buy

$1,400,000

Up 8.4% 3.0% Yield

Suburb Market Profile

Last month Aspendale had 9 properties available for rent and 32 properties for sale. Median property prices over the last year range from $1,400,000 for houses to $865,000 for units. If you are looking for an investment property, consider houses in Aspendale rent out for $825 PW with an annual rental yield of 3.0% and units rent for $683 PW with a rental yield of 3.8%. Aspendale has seen an annual compound growth rate of 8.4% for houses and 6.8% for units.

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