Burnside vs Trinity Gardens

The median house price is $1.8M in Burnside and $1.8M in Trinity Gardens, so Trinity Gardens is the cheaper entry point, with Burnside houses about 1% dearer.

On cash flow, Burnside leads: houses there return a gross rental yield of 2.32%, compared with 2.26% in Trinity Gardens, a gap of 0.06 percentage points.

Over the past year house prices moved +4.7% in Burnside and +9.2% in Trinity Gardens, so recent momentum favours Trinity Gardens, although both suburbs recorded growth.

Looking back three years, Burnside houses are +42.5% and Trinity Gardens houses +9.4%, so Burnside has compounded faster than Trinity Gardens over the longer window.

Rental vacancy is 1.0% in Trinity Gardens and 3.4% in Burnside, so landlords in Trinity Gardens face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Burnside is the bigger suburb, with a population of 3,060 against 1,264, roughly 2.4 times the size of Trinity Gardens; a larger suburb usually means a deeper pool of buyers and tenants.

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