Highfields vs Windaroo

Houses cost about the same in both suburbs: the median house price is $1.1M in Highfields and $1.1M in Windaroo.

On cash flow, Windaroo leads: houses there return a gross rental yield of 3.80%, compared with 3.39% in Highfields, a gap of 0.41 percentage points.

Over the past year house prices moved +15.5% in Highfields and +18.8% in Windaroo, so recent momentum favours Windaroo, although both suburbs recorded growth.

Looking back three years, Highfields houses are +44.2% and Windaroo houses +41.0%, so Highfields has compounded faster than Windaroo over the longer window.

Rental vacancy is 0.3% in Highfields and 1.6% in Windaroo, so landlords in Highfields face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Highfields is the bigger suburb, with a population of 8,568 against 2,771, roughly 3.1 times the size of Windaroo; a larger suburb usually means a deeper pool of buyers and tenants.

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