Aberglasslyn vs Jesmond

Houses cost about the same in both suburbs: the median house price is $860K in Aberglasslyn and $860K in Jesmond.

For units, Aberglasslyn sits at a median of $700K against $665K in Jesmond, which makes Jesmond the more affordable unit market and Aberglasslyn the pricier one.

On cash flow, Aberglasslyn leads: houses there return a gross rental yield of 3.90%, compared with 3.81% in Jesmond, a gap of 0.09 percentage points.

Over the past year house prices moved +11.1% in Aberglasslyn and +8.6% in Jesmond, so recent momentum favours Aberglasslyn, although both suburbs recorded growth.

Looking back three years, Aberglasslyn houses are +22.4% and Jesmond houses +26.6%, so Jesmond has compounded faster than Aberglasslyn over the longer window.

Rental vacancy is 2.0% in Aberglasslyn and 2.1% in Jesmond, so landlords in Aberglasslyn face less competition for tenants.

Aberglasslyn is the bigger suburb, with a population of 6,552 against 3,210, roughly 2.0 times the size of Jesmond; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Aberglasslyn for rental income, Aberglasslyn for recent price momentum, Aberglasslyn for the tighter rental market. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.