Guildford West vs Melonba

The median house price is $1.3M in Guildford West and $1.3M in Melonba, so Melonba is the cheaper entry point.

For units, Guildford West sits at a median of $580K against $860K in Melonba, which makes Guildford West the more affordable unit market and Melonba the pricier one.

On cash flow, Melonba leads: houses there return a gross rental yield of 3.50%, compared with 3.26% in Guildford West, a gap of 0.24 percentage points.

Over the past year house prices moved +7.0% in Guildford West and +9.8% in Melonba (an estimate), so recent momentum favours Melonba, although both suburbs recorded growth.

Rental vacancy is 2.5% in Guildford West and 6.0% in Melonba, so landlords in Guildford West face less competition for tenants.

Guildford West is the bigger suburb, with a population of 5,762 against 1,439, roughly 4.0 times the size of Melonba; a larger suburb usually means a deeper pool of buyers and tenants.

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