Fairfield Heights vs Oakville

Houses cost about the same in both suburbs: the median house price is $1.3M in Fairfield Heights and $1.3M in Oakville.

For units, Fairfield Heights sits at a median of $870K against $860K in Oakville, which makes Oakville the more affordable unit market and Fairfield Heights the pricier one.

Gross rental yield on houses is effectively level, at 3.30% in Fairfield Heights and 3.29% in Oakville, so neither suburb has a cash flow edge on houses.

Over the past year house prices moved +6.0% in Fairfield Heights (an estimate) and +6.4% in Oakville (an estimate), so recent momentum favours Oakville, although both suburbs recorded growth.

Rental vacancy is 1.0% in Fairfield Heights and 5.8% in Oakville, so landlords in Fairfield Heights face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Fairfield Heights is the bigger suburb, with a population of 8,269 against 2,027, roughly 4.1 times the size of Oakville; a larger suburb usually means a deeper pool of buyers and tenants.

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