Dudley vs Padstow Heights

Houses cost about the same in both suburbs: the median house price is $1.7M in Dudley and $1.7M in Padstow Heights.

On cash flow, Padstow Heights leads: houses there return a gross rental yield of 3.17%, compared with 2.51% in Dudley, a gap of 0.66 percentage points.

Over the past year house prices moved +10.4% in Dudley and +9.6% in Padstow Heights, so recent momentum favours Dudley, although both suburbs recorded growth.

Looking back three years, Dudley houses are +31.8% and Padstow Heights houses +17.7%, so Dudley has compounded faster than Padstow Heights over the longer window.

Rental vacancy is 0.6% in Dudley and 2.8% in Padstow Heights, so landlords in Dudley face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Padstow Heights is the bigger suburb, with a population of 3,594 against 2,505, larger than Dudley; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Padstow Heights for rental income, Dudley for recent price momentum, Dudley for the tighter rental market. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.