Adamstown Heights vs South Granville

The median house price is $1.3M in Adamstown Heights and $1.4M in South Granville, so Adamstown Heights is the cheaper entry point.

For units, Adamstown Heights sits at a median of $840K against $870K in South Granville, which makes Adamstown Heights the more affordable unit market and South Granville the pricier one.

On cash flow, Adamstown Heights leads: houses there return a gross rental yield of 3.03%, compared with 2.90% in South Granville, a gap of 0.13 percentage points.

Over the past year house prices moved +14.1% in Adamstown Heights (an estimate) and +2.1% in South Granville (an estimate), so recent momentum favours Adamstown Heights, although both suburbs recorded growth.

Rental vacancy is 0.4% in South Granville and 3.2% in Adamstown Heights, so landlords in South Granville face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

South Granville is the bigger suburb, with a population of 5,829 against 5,621, larger than Adamstown Heights; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Adamstown Heights for rental income, Adamstown Heights for a lower purchase price, Adamstown Heights for recent price momentum, South Granville for the tighter rental market. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.