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Allambie Heights vs Meadowbank

Property investment comparison - Allambie Heights, NSW 2100 vs Meadowbank, NSW 2114

Head-to-head across core investment metrics: Allambie Heights wins 3, Meadowbank wins 2. The better choice depends on whether you're optimising for cash flow, growth, affordability, or liquidity, the table below highlights the winner on each metric.

MetricAllambie HeightsMeadowbank
Median house price$2.8M$2.7M
Median unit price$310K$725K
Gross rental yield (houses)2.55%1.50%
Gross rental yield (units)3.60%5.07%
1-year house growth+4.2%-
3-year house growth+17.8%-
Vacancy rate1.9%2.1%
Population7,3175,089

Allambie Heights vs Meadowbank: what the numbers say

The median house price is $2.8M in Allambie Heights and $2.7M in Meadowbank, so Meadowbank is the cheaper entry point, with Allambie Heights houses about 2% dearer.

For units, Allambie Heights sits at a median of $310K against $725K in Meadowbank, which makes Allambie Heights the more affordable unit market and Meadowbank the pricier one.

On cash flow, Allambie Heights leads: houses there return a gross rental yield of 2.55%, compared with 1.50% in Meadowbank, a gap of 1.05 percentage points.

Rental vacancy is 1.9% in Allambie Heights and 2.1% in Meadowbank, so landlords in Allambie Heights face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Allambie Heights is the bigger suburb, with a population of 7,317 against 5,089, larger than Meadowbank; a larger suburb usually means a deeper pool of buyers and tenants.

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

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