Eden vs Freemans Waterhole

The median house price is $720K in Eden and $725K in Freemans Waterhole, so Eden is the cheaper entry point, with Freemans Waterhole houses about 1% dearer.

For units, Eden sits at a median of $470K against $535K in Freemans Waterhole, which makes Eden the more affordable unit market and Freemans Waterhole the pricier one.

On cash flow, Freemans Waterhole leads: houses there return a gross rental yield of 4.72%, compared with 4.10% in Eden, a gap of 0.62 percentage points.

Rental vacancy is 0.6% in Freemans Waterhole and 0.9% in Eden, so landlords in Freemans Waterhole face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Eden is the bigger suburb, with a population of 3,350 against 120, roughly 28 times the size of Freemans Waterhole; a larger suburb usually means a deeper pool of buyers and tenants.

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