Bexley North vs St Peters

Houses cost about the same in both suburbs: the median house price is $2.0M in Bexley North and $2.0M in St Peters.

For units, Bexley North sits at a median of $800K against $950K in St Peters, which makes Bexley North the more affordable unit market and St Peters the pricier one.

On cash flow, St Peters leads: houses there return a gross rental yield of 2.93%, compared with 2.70% in Bexley North, a gap of 0.23 percentage points.

Over the past year house prices moved +9.9% in Bexley North and +3.8% in St Peters (an estimate), so recent momentum favours Bexley North, although both suburbs recorded growth.

Rental vacancy is 0.8% in Bexley North and 1.1% in St Peters, so landlords in Bexley North face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Bexley North is the bigger suburb, with a population of 4,281 against 3,629, larger than St Peters; a larger suburb usually means a deeper pool of buyers and tenants.

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