Greenfield Park vs The Oaks

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

Gross rental yield on houses is effectively level, at 2.52% in Greenfield Park and 2.50% in The Oaks, so neither suburb has a cash flow edge on houses.

Over the past year house prices moved +10.4% in Greenfield Park (an estimate) and +10.2% in The Oaks, so recent momentum favours Greenfield Park, although both suburbs recorded growth.

Rental vacancy is the same in both, at 2.3%.

Greenfield Park is the bigger suburb, with a population of 5,394 against 2,982, larger than The Oaks; a larger suburb usually means a deeper pool of buyers and tenants.

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