Glengarry vs Thomson

Houses cost about the same in both suburbs: the median house price is $610K in Glengarry and $610K in Thomson.

For units, Glengarry sits at a median of $425K against $520K in Thomson, which makes Glengarry the more affordable unit market and Thomson the pricier one.

On cash flow, Thomson leads: houses there return a gross rental yield of 4.05%, compared with 3.01% in Glengarry, a gap of 1.04 percentage points.

Over the past year house prices moved +3.6% in Glengarry (an estimate) and +12.0% in Thomson (an estimate), so recent momentum favours Thomson, although both suburbs recorded growth.

Rental vacancy is 0.8% in Thomson and 1.6% in Glengarry, so landlords in Thomson face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Thomson is the bigger suburb, with a population of 1,606 against 1,113, larger than Glengarry; a larger suburb usually means a deeper pool of buyers and tenants.

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