Adamstown vs Lisarow

The median house price is $1.2M in Adamstown and $1.2M in Lisarow, so Lisarow is the cheaper entry point.

On cash flow, Lisarow leads: houses there return a gross rental yield of 3.38%, compared with 3.18% in Adamstown, a gap of 0.20 percentage points.

Over the past year house prices moved +11.7% in Adamstown and +9.2% in Lisarow, so recent momentum favours Adamstown, although both suburbs recorded growth.

Looking back three years, Adamstown houses are +26.2% and Lisarow houses +15.1%, so Adamstown has compounded faster than Lisarow over the longer window.

Rental vacancy is 1.2% in Lisarow and 1.3% in Adamstown, so landlords in Lisarow face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Adamstown is the bigger suburb, with a population of 6,335 against 5,299, larger than Lisarow; a larger suburb usually means a deeper pool of buyers and tenants.

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