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Ashfield vs Blakehurst

Property investment comparison - Ashfield, NSW 2131 vs Blakehurst, NSW 2221

Head-to-head across core investment metrics: Ashfield wins 3, Blakehurst 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.

MetricAshfieldBlakehurst
Median house price$2.3M$2.3M
Median unit price$900K$950K
Gross rental yield (houses)2.27%-
Gross rental yield (units)3.94%4.51%
1-year house growth-1.0%-0.1%estimate
3-year house growth+14.5%-
Vacancy rate1.4%3.9%
Population23,0126,652

Ashfield vs Blakehurst: what the numbers say

The median house price is $2.3M in Ashfield and $2.3M in Blakehurst, so Ashfield is the cheaper entry point, with Blakehurst houses about 1% dearer.

For units, Ashfield sits at a median of $900K against $950K in Blakehurst, which makes Ashfield the more affordable unit market and Blakehurst the pricier one.

Over the past year house prices moved -1.0% in Ashfield and -0.1% in Blakehurst (an estimate), so recent momentum favours Blakehurst, while Ashfield went backwards.

Rental vacancy is 1.4% in Ashfield and 3.9% in Blakehurst, so landlords in Ashfield face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Ashfield is the bigger suburb, with a population of 23,012 against 6,652, roughly 3.5 times the size of Blakehurst; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Ashfield for a lower purchase price, Blakehurst for recent price momentum, Ashfield 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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