Islington vs Woodford

Houses cost about the same in both suburbs: the median house price is $1.0M in Islington and $1.0M in Woodford.

For units, Islington sits at a median of $810K against $730K in Woodford, which makes Woodford the more affordable unit market and Islington the pricier one.

On cash flow, Islington leads: houses there return a gross rental yield of 3.74%, compared with 3.50% in Woodford, a gap of 0.24 percentage points.

Over the past year house prices moved +6.3% in Islington (an estimate) and +9.5% in Woodford, so recent momentum favours Woodford, although both suburbs recorded growth.

Rental vacancy is 0.9% in Woodford and 1.1% in Islington, so landlords in Woodford face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Islington is the bigger suburb, with a population of 2,026 against 1,953, larger than Woodford; a larger suburb usually means a deeper pool of buyers and tenants.

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