Canley Heights vs Wakeley
Property investment comparison - Canley Heights, NSW 2166 vs Wakeley, NSW 2176
Head-to-head across core investment metrics: Canley Heights wins 4, Wakeley wins 1. 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 | Wakeley |
|---|---|---|
| Median house price | $1.4M | $1.4M |
| Median unit price | $730K | - |
| Gross rental yield (houses) | 2.79% | 2.59% |
| Gross rental yield (units) | 4.83% | 3.80% |
| 1-year house growth | +8.2%estimate | +9.0% |
| 3-year house growth | - | +28.6% |
| Vacancy rate | 1.4% | 2.0% |
| Population | 12,320 | 4,893 |
Canley Heights vs Wakeley: what the numbers say
The median house price is $1.4M in Canley Heights and $1.4M in Wakeley, so Canley Heights is the cheaper entry point.
On cash flow, Canley Heights leads: houses there return a gross rental yield of 2.79%, compared with 2.59% in Wakeley, a gap of 0.20 percentage points.
Over the past year house prices moved +8.2% in Canley Heights (an estimate) and +9.0% in Wakeley, so recent momentum favours Wakeley, although both suburbs recorded growth.
Rental vacancy is 1.4% in Canley Heights and 2.0% in Wakeley, so landlords in Canley Heights 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 4,893, roughly 2.5 times the size of Wakeley; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Canley Heights for rental income, Canley Heights for a lower purchase price, Wakeley for recent price momentum, Canley Heights for the tighter rental market. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.
Full profile
Canley Heights, NSW 2166
Open Canley Heights suburb profileRecent sales in Canley Heights
Keep exploring
- National investment guide - top suburbs across every metric
- Take the suburb finder quiz - 5 questions to match your goals
- How our investment score works
- Property investment glossary - every term defined
Compare any 2-4 Australian suburbs
Build your own multi-suburb comparison with the full interactive tool.
Open interactive comparison