Kingston (Vic.) · 3195
Aspendale Gardens, VIC
population +7.8% (5y), incomes +13.0% (5y).
NextSuburb scoreTier C
40Below trend
Median house
$1.05M
5y growth
4.5%/yr
Gross yield
2.5%
Vacancy
2.4%
Growth-led, low cashflowMedium confidence
Eight-signal breakdown
Each signal scored 0–100 against the national distribution. Bars reflect how this suburb sits across the index.
- Capital growth (5y)4.5%/yr45/100
- Population growth+7.8% (5y)78/100
- Supply tightening+5.0% YoY25/100
- Rental yield2.5%49/100
- Rental demand2.4% vacancy40/100
- Income growth+13.0% (5y)52/100
- Construction pipelineno nearby pipeline0/100
- Affordability30% under cap30/100
Why this score
Aspendale Gardens scores 40/100 (Below trend). The two strongest signals: 7.8% population growth over five years and 13.0% income growth. The standout watch-out: gross yield of 2.5% leaves modest cashflow.
Drivers
- Population growth+7.8% (5y)
Risks
- Thin gross yield (2.5%)
- No major construction project in this state
Nearest infrastructure
Suburban Rail Loop East — Cheltenham8.1 km away
Construction · $5.0bn · completion 2035
Construction-stage projects within 10 km lift the suburb’s infrastructure score; projects more than 25 km away barely move it.
Comparable suburbs
Three VIC suburbs in the same budget band with the closest NextSuburb scores.
See the full VIC ranking60-month score history
Backfilled — live history begins May 2026Watch this suburb
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