Bungarribee vs Old Guildford

The median house price is $1.5M in Bungarribee and $1.5M in Old Guildford, so Bungarribee is the cheaper entry point, with Old Guildford houses about 1% dearer.

For units, Bungarribee sits at a median of $815K against $470K in Old Guildford, which makes Old Guildford the more affordable unit market and Bungarribee the pricier one.

On cash flow, Bungarribee leads: houses there return a gross rental yield of 3.17%, compared with 2.60% in Old Guildford, a gap of 0.57 percentage points.

Over the past year house prices moved +6.8% in Bungarribee and +17.2% in Old Guildford, so recent momentum favours Old Guildford, although both suburbs recorded growth.

Looking back three years, Bungarribee houses are +19.1% and Old Guildford houses +60.4%, so Old Guildford has compounded faster than Bungarribee over the longer window.

Rental vacancy is 1.0% in Old Guildford and 1.4% in Bungarribee, so landlords in Old Guildford face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Bungarribee is the bigger suburb, with a population of 3,177 against 2,857, larger than Old Guildford; a larger suburb usually means a deeper pool of buyers and tenants.

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