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Ashfield vs Eastlakes

Property investment comparison - Ashfield, NSW 2131 vs Eastlakes, NSW 2018

Head-to-head across core investment metrics: Ashfield wins 2, Eastlakes wins 3. 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.

MetricAshfieldEastlakes
Median house price$2.3M$2.3M
Median unit price$900K$770K
Gross rental yield (houses)2.27%-
Gross rental yield (units)3.94%4.70%
1-year house growth-1.0%+3.5%estimate
3-year house growth+14.5%-
Vacancy rate1.4%1.4%
Population23,0126,347

Ashfield vs Eastlakes: what the numbers say

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

For units, Ashfield sits at a median of $900K against $770K in Eastlakes, which makes Eastlakes the more affordable unit market and Ashfield the pricier one.

Over the past year house prices moved -1.0% in Ashfield and +3.5% in Eastlakes (an estimate), so recent momentum favours Eastlakes, while Ashfield went backwards.

Rental vacancy is 1.4% in Ashfield and 1.4% in Eastlakes, 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 6,347, roughly 3.6 times the size of Eastlakes; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Ashfield for a lower purchase price, Eastlakes 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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