Bungendore vs Valley Heights

Houses cost about the same in both suburbs: the median house price is $1.1M in Bungendore and $1.1M in Valley Heights.

On cash flow, Bungendore leads: houses there return a gross rental yield of 3.78%, compared with 3.63% in Valley Heights, a gap of 0.15 percentage points.

Over the past year house prices moved +1.4% in Bungendore and +6.1% in Valley Heights, so recent momentum favours Valley Heights, although both suburbs recorded growth.

Looking back three years, Bungendore houses are +4.2% and Valley Heights houses +18.9%, so Valley Heights has compounded faster than Bungendore over the longer window.

Rental vacancy is 1.6% in Bungendore and 2.1% in Valley Heights, so landlords in Bungendore face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Bungendore is the bigger suburb, with a population of 4,745 against 1,188, roughly 4.0 times the size of Valley Heights; a larger suburb usually means a deeper pool of buyers and tenants.

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