Heathcote vs Old Guildford

Houses cost about the same in both suburbs: the median house price is $1.5M in Heathcote and $1.5M in Old Guildford.

For units, Heathcote sits at a median of $1.2M against $470K in Old Guildford, which makes Old Guildford the more affordable unit market and Heathcote the pricier one.

Over the past year house prices moved +5.3% in Heathcote and +17.2% in Old Guildford, so recent momentum favours Old Guildford, although both suburbs recorded growth.

Looking back three years, Heathcote houses are +16.6% and Old Guildford houses +60.4%, so Old Guildford has compounded faster than Heathcote over the longer window.

Rental vacancy is 0.7% in Heathcote and 1.0% in Old Guildford, so landlords in Heathcote face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Heathcote is the bigger suburb, with a population of 6,148 against 2,857, roughly 2.2 times the size of Old Guildford; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Old Guildford for recent price momentum, Heathcote for the tighter rental market. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.