Bardia vs Charlestown

The median house price is $1.1M in Bardia and $1.1M in Charlestown, so Bardia is the cheaper entry point, with Charlestown houses about 1% dearer.

For units, Bardia sits at a median of $615K against $730K in Charlestown, which makes Bardia the more affordable unit market and Charlestown the pricier one.

On cash flow, Bardia leads: houses there return a gross rental yield of 3.80%, compared with 3.50% in Charlestown, a gap of 0.30 percentage points.

Over the past year house prices moved +9.0% in Bardia and +14.9% in Charlestown, so recent momentum favours Charlestown, although both suburbs recorded growth.

Looking back three years, Bardia houses are +18.8% and Charlestown houses +24.0%, so Charlestown has compounded faster than Bardia over the longer window.

Rental vacancy is 1.9% in Charlestown and 2.2% in Bardia, so landlords in Charlestown face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Charlestown is the bigger suburb, with a population of 13,601 against 5,747, roughly 2.4 times the size of Bardia; a larger suburb usually means a deeper pool of buyers and tenants.

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