Concord vs La Perouse

The median house price is $3.3M in Concord and $3.2M in La Perouse, so La Perouse is the cheaper entry point, with Concord houses about 1% dearer.

For units, Concord sits at a median of $1.6M against $970K in La Perouse, which makes La Perouse the more affordable unit market and Concord the pricier one.

On cash flow, La Perouse leads: houses there return a gross rental yield of 2.73%, compared with 1.78% in Concord, a gap of 0.95 percentage points.

Rental vacancy is 1.4% in La Perouse and 2.2% in Concord, so landlords in La Perouse face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Concord is the bigger suburb, with a population of 14,551 against 366, roughly 40 times the size of La Perouse; a larger suburb usually means a deeper pool of buyers and tenants.

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