Constitution Hill vs Edensor Park

The median house price is $1.5M in Constitution Hill and $1.5M in Edensor Park, so Edensor Park is the cheaper entry point.

On cash flow, Constitution Hill leads: houses there return a gross rental yield of 2.69%, compared with 2.52% in Edensor Park, a gap of 0.17 percentage points.

Over the past year house prices moved -1.0% in Constitution Hill (an estimate) and +4.0% in Edensor Park (an estimate), so recent momentum favours Edensor Park, while Constitution Hill went backwards.

Rental vacancy is 1.5% in Edensor Park and 1.9% in Constitution Hill, so landlords in Edensor Park face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Edensor Park is the bigger suburb, with a population of 10,279 against 4,030, roughly 2.6 times the size of Constitution Hill; a larger suburb usually means a deeper pool of buyers and tenants.

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