Gordon vs Skye

The median house price is $855K in Gordon and $860K in Skye, so Gordon is the cheaper entry point, with Skye houses about 1% dearer.

For units, Gordon sits at a median of $720K against $630K in Skye, which makes Skye the more affordable unit market and Gordon the pricier one.

On cash flow, Skye leads: houses there return a gross rental yield of 3.99%, compared with 3.83% in Gordon, a gap of 0.16 percentage points.

Over the past year house prices moved +10.1% in Gordon (an estimate) and +8.2% in Skye, so recent momentum favours Gordon, although both suburbs recorded growth.

Rental vacancy is 1.0% in Skye and 1.9% in Gordon, so landlords in Skye face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Skye is the bigger suburb, with a population of 8,088 against 1,393, roughly 6 times the size of Gordon; a larger suburb usually means a deeper pool of buyers and tenants.

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