Macquarie Links vs Pendle Hill

Houses cost about the same in both suburbs: the median house price is $1.4M in Macquarie Links and $1.4M in Pendle Hill.

On cash flow, Macquarie Links leads: houses there return a gross rental yield of 3.76%, compared with 2.60% in Pendle Hill, a gap of 1.16 percentage points.

Over the past year house prices moved +1.2% in Macquarie Links (an estimate) and +5.5% in Pendle Hill (an estimate), so recent momentum favours Pendle Hill, although both suburbs recorded growth.

Rental vacancy is 1.7% in Macquarie Links and 1.8% in Pendle Hill, so landlords in Macquarie Links face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Pendle Hill is the bigger suburb, with a population of 7,743 against 1,455, roughly 5 times the size of Macquarie Links; a larger suburb usually means a deeper pool of buyers and tenants.

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