Longwarry vs Quarry Hill

Houses cost about the same in both suburbs: the median house price is $630K in Longwarry and $630K in Quarry Hill.

For units, Longwarry sits at a median of $525K against $500K in Quarry Hill, which makes Quarry Hill the more affordable unit market and Longwarry the pricier one.

On cash flow, Longwarry leads: houses there return a gross rental yield of 4.48%, compared with 4.30% in Quarry Hill, a gap of 0.18 percentage points.

Over the past year house prices moved +6.0% in Longwarry and +7.8% in Quarry Hill, so recent momentum favours Quarry Hill, although both suburbs recorded growth.

Looking back three years, Longwarry houses are +9.4% and Quarry Hill houses +4.9%, so Longwarry has compounded faster than Quarry Hill over the longer window.

Rental vacancy is 0.8% in Longwarry and 1.2% in Quarry Hill, so landlords in Longwarry face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Longwarry is the bigger suburb, with a population of 2,436 against 2,365, larger than Quarry Hill; a larger suburb usually means a deeper pool of buyers and tenants.

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