Greystanes vs Wentworthville

The median house price is $1.5M in Greystanes and $1.5M in Wentworthville, so Wentworthville is the cheaper entry point.

For units, Greystanes sits at a median of $880K against $600K in Wentworthville, which makes Wentworthville the more affordable unit market and Greystanes the pricier one.

Over the past year house prices moved +8.0% in Greystanes (an estimate) and +3.7% in Wentworthville, so recent momentum favours Greystanes, although both suburbs recorded growth.

Rental vacancy is 1.4% in Wentworthville and 2.5% in Greystanes, so landlords in Wentworthville face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Greystanes is the bigger suburb, with a population of 23,511 against 15,098, larger than Wentworthville; a larger suburb usually means a deeper pool of buyers and tenants.

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