Bundeena vs Glen Alpine

Houses cost about the same in both suburbs: the median house price is $1.4M in Bundeena and $1.4M in Glen Alpine.

On cash flow, Bundeena leads: houses there return a gross rental yield of 3.20%, compared with 3.00% in Glen Alpine, a gap of 0.20 percentage points.

Over the past year house prices moved +2.8% in Bundeena and +6.9% in Glen Alpine, so recent momentum favours Glen Alpine, although both suburbs recorded growth.

Looking back three years, Bundeena houses are -9.7% and Glen Alpine houses +19.4%, so Glen Alpine has compounded faster than Bundeena over the longer window.

Rental vacancy is 1.6% in Bundeena and 2.4% in Glen Alpine, so landlords in Bundeena face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Glen Alpine is the bigger suburb, with a population of 4,429 against 2,103, roughly 2.1 times the size of Bundeena; a larger suburb usually means a deeper pool of buyers and tenants.

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