Kardinya vs Roleystone

The median house price is $1.3M in Kardinya and $1.2M in Roleystone, so Roleystone is the cheaper entry point, with Kardinya houses about 2% dearer.

For units, Kardinya sits at a median of $760K against $490K in Roleystone, which makes Roleystone the more affordable unit market and Kardinya the pricier one.

On cash flow, Roleystone leads: houses there return a gross rental yield of 3.41%, compared with 3.26% in Kardinya, a gap of 0.15 percentage points.

Over the past year house prices moved +22.0% in Kardinya and +22.2% in Roleystone (an estimate), so recent momentum favours Roleystone, although both suburbs recorded growth.

Rental vacancy is 1.2% in Kardinya and 1.3% in Roleystone, so landlords in Kardinya face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Kardinya is the bigger suburb, with a population of 9,137 against 6,848, larger than Roleystone; a larger suburb usually means a deeper pool of buyers and tenants.

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