Macquarie Fields vs Woodford

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

For units, Macquarie Fields sits at a median of $695K against $730K in Woodford, which makes Macquarie Fields the more affordable unit market and Woodford the pricier one.

On cash flow, Woodford leads: houses there return a gross rental yield of 3.50%, compared with 3.19% in Macquarie Fields, a gap of 0.31 percentage points.

Over the past year house prices moved +9.7% in Macquarie Fields and +9.5% in Woodford, so recent momentum favours Macquarie Fields, although both suburbs recorded growth.

Looking back three years, Macquarie Fields houses are +23.5% and Woodford houses +26.7%, so Woodford has compounded faster than Macquarie Fields over the longer window.

Rental vacancy is 0.9% in Woodford and 1.0% in Macquarie Fields, so landlords in Woodford face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Macquarie Fields is the bigger suburb, with a population of 14,023 against 1,953, roughly 7 times the size of Woodford; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Woodford for rental income, Macquarie Fields 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.