Bald Hills vs Innes Park

Houses cost about the same in both suburbs: the median house price is $1.1M in Bald Hills and $1.1M in Innes Park.

For units, Bald Hills sits at a median of $780K against $665K in Innes Park, which makes Innes Park the more affordable unit market and Bald Hills the pricier one.

Gross rental yield on houses is effectively level, at 3.42% in Bald Hills and 3.42% in Innes Park, so neither suburb has a cash flow edge on houses.

Over the past year house prices moved +16.2% in Bald Hills and +12.5% in Innes Park, so recent momentum favours Bald Hills, although both suburbs recorded growth.

Looking back three years, Bald Hills houses are +53.3% and Innes Park houses +47.9%, so Bald Hills has compounded faster than Innes Park over the longer window.

Rental vacancy is the same in both, at 0.9%.

Bald Hills is the bigger suburb, with a population of 7,000 against 2,653, roughly 2.6 times the size of Innes Park; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Bald Hills for recent price momentum. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.