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Lakemba vs Macquarie Park

Property investment comparison - Lakemba, NSW 2195 vs Macquarie Park, NSW 2113

Head-to-head across core investment metrics: Lakemba wins 4, Macquarie Park wins 1. The better choice depends on whether you're optimising for cash flow, growth, affordability, or liquidity, the table below highlights the winner on each metric.

MetricLakembaMacquarie Park
Median house price$1.5M$1.5M
Median unit price$540K$890K
Gross rental yield (houses)2.77%-
Gross rental yield (units)5.32%4.70%
1-year house growth+2.3%estimate+4.2%estimate
3-year house growth--
Vacancy rate1.5%1.7%
Population17,09211,071

Lakemba vs Macquarie Park: what the numbers say

The median house price is $1.5M in Lakemba and $1.5M in Macquarie Park, so Lakemba is the cheaper entry point.

For units, Lakemba sits at a median of $540K against $890K in Macquarie Park, which makes Lakemba the more affordable unit market and Macquarie Park the pricier one.

Over the past year house prices moved +2.3% in Lakemba (an estimate) and +4.2% in Macquarie Park (an estimate), so recent momentum favours Macquarie Park, although both suburbs recorded growth.

Rental vacancy is 1.5% in Lakemba and 1.7% in Macquarie Park, so landlords in Lakemba face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Lakemba is the bigger suburb, with a population of 17,092 against 11,071, larger than Macquarie Park; a larger suburb usually means a deeper pool of buyers and tenants.

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

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