Greenfield Park vs South Wentworthville

The median house price is $1.4M in Greenfield Park and $1.5M in South Wentworthville, so Greenfield Park is the cheaper entry point, with South Wentworthville houses about 1% dearer.

On cash flow, South Wentworthville leads: houses there return a gross rental yield of 2.80%, compared with 2.52% in Greenfield Park, a gap of 0.28 percentage points.

Over the past year house prices moved +10.4% in Greenfield Park (an estimate) and +8.2% in South Wentworthville, so recent momentum favours Greenfield Park, although both suburbs recorded growth.

Rental vacancy is 1.4% in South Wentworthville and 2.3% in Greenfield Park, so landlords in South Wentworthville face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

South Wentworthville is the bigger suburb, with a population of 6,913 against 5,394, larger than Greenfield Park; a larger suburb usually means a deeper pool of buyers and tenants.

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