Allenby Gardens vs Sellicks Hill

The median house price is $1.2M in Allenby Gardens and $1.2M in Sellicks Hill, so Allenby Gardens is the cheaper entry point, with Sellicks Hill houses about 6% dearer.

For units, Allenby Gardens sits at a median of $920K against $335K in Sellicks Hill, which makes Sellicks Hill 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 1.99% in Sellicks Hill, a gap of 1.29 percentage points.

Rental vacancy is 0.3% in Allenby Gardens and 2.9% in Sellicks Hill, 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 299, roughly 7 times the size of Sellicks Hill; a larger suburb usually means a deeper pool of buyers and tenants.

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