Allenby Gardens vs Lower Inman Valley

For units, Allenby Gardens sits at a median of $920K against $755K in Lower Inman Valley, which makes Lower Inman Valley the more affordable unit market and Allenby Gardens the pricier one.

On cash flow, Allenby Gardens leads: houses there return a gross rental yield of 3.28%, compared with 2.58% in Lower Inman Valley, a gap of 0.70 percentage points.

Over the past year house prices moved +8.0% in Allenby Gardens and +5.9% in Lower Inman Valley, so recent momentum favours Allenby Gardens, although both suburbs recorded growth.

Rental vacancy is 0.3% in Allenby Gardens and 6.4% in Lower Inman Valley, 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.

Allenby Gardens is the bigger suburb, with a population of 2,045 against 517, roughly 4.0 times the size of Lower Inman Valley; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Allenby Gardens for rental income, Allenby Gardens 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.