Allenby Gardens vs Eden Hills

The median house price is $1.2M in Allenby Gardens and $1.2M in Eden Hills, so Allenby Gardens is the cheaper entry point, with Eden Hills houses about 3% dearer.

Over the past year house prices moved +8.0% in Allenby Gardens and +20.1% in Eden Hills (an estimate), so recent momentum favours Eden Hills, although both suburbs recorded growth.

Rental vacancy is 0.3% in Allenby Gardens and 0.8% in Eden Hills, so landlords in Allenby Gardens face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Eden Hills is the bigger suburb, with a population of 3,020 against 2,045, larger than Allenby Gardens; a larger suburb usually means a deeper pool of buyers and tenants.

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