Balcolyn vs Fennell Bay
Property investment comparison - Balcolyn, NSW 2264 vs Fennell Bay, NSW 2283
Head-to-head across core investment metrics: Balcolyn wins 0, Fennell Bay wins 4. 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.
| Metric | Balcolyn | Fennell Bay |
|---|---|---|
| Median house price | $870K | $870K |
| Median unit price | $580K | - |
| Gross rental yield (houses) | 3.70% | 3.89% |
| Gross rental yield (units) | 5.12% | 5.14% |
| 1-year house growth | +3.4% | +11.4%estimate |
| 3-year house growth | +10.7% | - |
| Vacancy rate | 2.6% | 1.1% |
| Population | 1,002 | 1,780 |
Balcolyn vs Fennell Bay: what the numbers say
Houses cost about the same in both suburbs: the median house price is $870K in Balcolyn and $870K in Fennell Bay.
On cash flow, Fennell Bay leads: houses there return a gross rental yield of 3.89%, compared with 3.70% in Balcolyn, a gap of 0.19 percentage points.
Over the past year house prices moved +3.4% in Balcolyn and +11.4% in Fennell Bay (an estimate), so recent momentum favours Fennell Bay, although both suburbs recorded growth.
Rental vacancy is 1.1% in Fennell Bay and 2.6% in Balcolyn, so landlords in Fennell Bay face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.
Fennell Bay is the bigger suburb, with a population of 1,780 against 1,002, larger than Balcolyn; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Fennell Bay for rental income, Fennell Bay for recent price momentum, Fennell Bay for the tighter rental market. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.
Keep exploring
- National investment guide - top suburbs across every metric
- Take the suburb finder quiz - 5 questions to match your goals
- How our investment score works
- Property investment glossary - every term defined
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