Emu Park vs Newtown

The median house price is $735K in Emu Park and $730K in Newtown, so Newtown is the cheaper entry point, with Emu Park houses about 1% dearer.

For units, Emu Park sits at a median of $1.6M against $590K in Newtown, which makes Newtown the more affordable unit market and Emu Park the pricier one.

Over the past year house prices moved +16.6% in Emu Park and +18.4% in Newtown, so recent momentum favours Newtown, although both suburbs recorded growth.

Looking back three years, Emu Park houses are +28.2% and Newtown houses +60.0%, so Newtown has compounded faster than Emu Park over the longer window.

Rental vacancy is 0.9% in Newtown and 1.7% in Emu Park, so landlords in Newtown face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Newtown is the bigger suburb, with a population of 10,039 against 2,281, roughly 4.4 times the size of Emu Park; a larger suburb usually means a deeper pool of buyers and tenants.

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