Ashfield vs Edens Landing

Houses cost about the same in both suburbs: the median house price is $910K in Ashfield and $910K in Edens Landing.

For units, Ashfield sits at a median of $640K against $685K in Edens Landing, which makes Ashfield the more affordable unit market and Edens Landing the pricier one.

On cash flow, Ashfield leads: houses there return a gross rental yield of 3.99%, compared with 3.76% in Edens Landing, a gap of 0.23 percentage points.

Over the past year house prices moved +14.6% in Ashfield (an estimate) and +16.1% in Edens Landing, so recent momentum favours Edens Landing, although both suburbs recorded growth.

Rental vacancy is 1.6% in Edens Landing and 2.2% in Ashfield, so landlords in Edens Landing face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Edens Landing is the bigger suburb, with a population of 5,094 against 1,152, roughly 4.4 times the size of Ashfield; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Ashfield for rental income, Edens Landing for recent price momentum, Edens Landing for the tighter rental market. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.