Canley Heights vs Eleebana
Property investment comparison - Canley Heights, NSW 2166 vs Eleebana, NSW 2282
Head-to-head across core investment metrics: Canley Heights wins 1, Eleebana wins 2. The better choice depends on whether you're optimising for cash flow, growth, affordability, or liquidity, the table below highlights the winner on each metric.
| Metric | Canley Heights | Eleebana |
|---|---|---|
| Median house price | $1.4M | $1.4M |
| Median unit price | $730K | - |
| Gross rental yield (houses) | 2.79% | - |
| Gross rental yield (units) | 4.83% | 4.20% |
| 1-year house growth | +8.2%estimate | +14.1% |
| 3-year house growth | - | +24.1% |
| Vacancy rate | 1.4% | 1.2% |
| Population | 12,320 | 6,460 |
Canley Heights vs Eleebana: what the numbers say
Houses cost about the same in both suburbs: the median house price is $1.4M in Canley Heights and $1.4M in Eleebana.
Over the past year house prices moved +8.2% in Canley Heights (an estimate) and +14.1% in Eleebana, so recent momentum favours Eleebana, although both suburbs recorded growth.
Rental vacancy is 1.2% in Eleebana and 1.4% in Canley Heights, so landlords in Eleebana face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.
Canley Heights is the bigger suburb, with a population of 12,320 against 6,460, larger than Eleebana; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Eleebana for recent price momentum, Eleebana for the tighter rental market. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.
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Canley Heights, NSW 2166
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