Avondale vs Vincent

Houses cost about the same in both suburbs: the median house price is $550K in Avondale and $550K in Vincent.

For units, Avondale sits at a median of $445K against $510K in Vincent, which makes Avondale the more affordable unit market and Vincent the pricier one.

On cash flow, Avondale leads: houses there return a gross rental yield of 6.32%, compared with 4.70% in Vincent, a gap of 1.62 percentage points.

Over the past year house prices moved +13.6% in Avondale (an estimate) and +14.5% in Vincent, so recent momentum favours Vincent, although both suburbs recorded growth.

Rental vacancy is 1.1% in Avondale and 1.5% in Vincent, so landlords in Avondale face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Vincent is the bigger suburb, with a population of 2,213 against 701, roughly 3.2 times the size of Avondale; a larger suburb usually means a deeper pool of buyers and tenants.

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