Gordon Park vs Mackenzie

The median house price is $1.7M in Gordon Park and $1.8M in Mackenzie, so Gordon Park is the cheaper entry point, with Mackenzie houses about 1% dearer.

For units, Gordon Park sits at a median of $820K against $920K in Mackenzie, which makes Gordon Park the more affordable unit market and Mackenzie the pricier one.

Over the past year house prices moved +12.1% in Gordon Park and +11.8% in Mackenzie, so recent momentum favours Gordon Park, although both suburbs recorded growth.

Looking back three years, Gordon Park houses are +31.8% and Mackenzie houses +34.6%, so Mackenzie has compounded faster than Gordon Park over the longer window.

Rental vacancy is 0.9% in Gordon Park and 3.6% in Mackenzie, so landlords in Gordon Park face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Gordon Park is the bigger suburb, with a population of 4,390 against 2,336, larger than Mackenzie; a larger suburb usually means a deeper pool of buyers and tenants.

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