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Carnes Hill vs Gledswood Hills

Property investment comparison - Carnes Hill, NSW 2171 vs Gledswood Hills, NSW 2557

Head-to-head across core investment metrics: Carnes Hill wins 2, Gledswood Hills 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.

MetricCarnes HillGledswood Hills
Median house price$1.4M$1.4M
Median unit price$885K$1.9M
Gross rental yield (houses)-3.09%
Gross rental yield (units)4.16%1.98%
1-year house growth+0.1%+11.2%estimate
3-year house growth+18.3%-
Vacancy rate2.4%2.2%
Population3,3326,112

Carnes Hill vs Gledswood Hills: what the numbers say

Houses cost about the same in both suburbs: the median house price is $1.4M in Carnes Hill and $1.4M in Gledswood Hills.

For units, Carnes Hill sits at a median of $885K against $1.9M in Gledswood Hills, which makes Carnes Hill the more affordable unit market and Gledswood Hills the pricier one.

Over the past year house prices moved +0.1% in Carnes Hill and +11.2% in Gledswood Hills (an estimate), so recent momentum favours Gledswood Hills, although both suburbs recorded growth.

Rental vacancy is 2.2% in Gledswood Hills and 2.4% in Carnes Hill, so landlords in Gledswood Hills face less competition for tenants.

Gledswood Hills is the bigger suburb, with a population of 6,112 against 3,332, larger than Carnes Hill; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Gledswood Hills for recent price momentum, Gledswood Hills 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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