FairSquare analyses every Australian suburb for property investors — score, yield, risk and a full investment verdict.
FairSquare's model rates Aspendale, Victoria 6.3 out of 10 (Workhorse Investment) as of May 2026.
Aspendale presents a compelling "workhorse" investment with 12.5% capital growth over the past year, underpinned by strong structural demand and extremely low housing supply for an established suburb 28km from the CBD. Investors benefit from a highly resilient rental market, demonstrated by a 0.9% vacancy rate and consistent weekly rents, ensuring reliable income and solidifying its long-term appeal. The market has started re-rating this location — 12-month growth of +12.5% puts it ahead of the broader Victoria median. Constrained supply means downward price pressure is structurally limited.
The median price is derived, not estimated. Every number on this page traces back to the model's proprietary yield surface — calibrated for each part of the country and resolved against distance from CBD. The price falls out of the formula.
Inputs for this suburb sit at the top of our calibration tier. The model is not guessing.
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Unlock 9 signals — A$25 →FairSquare's model rates Aspendale, Victoria 6.3 out of 10 (Workhorse Investment) as of May 2026. Aspendale presents a compelling "workhorse" investment with 12.5% capital growth over the past year, underpinned by strong structural demand and extremely low housing supply for an established suburb 28km from the CBD. Investors benefit from a highly resilient rental market, demonstrated by a 0.9% vacancy rate and consistent weekly rents, ensuring reliable income and solidifying its long-term appeal.
The median house price in Aspendale, VIC is $1.33M. Weekly rent of $720 against a 2.8% gross yield underpins this figure.
Aspendale has a gross rental yield of 2.8%, with a median weekly rent of $720. 12-month price growth is tracking at +12.5%.
Based on its market signals, Aspendale aligns with: Growth Play, Defensive Hold.