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Marrickville vs Toowoon Bay

Property investment comparison - Marrickville, NSW 2204 vs Toowoon Bay, NSW 2261

Head-to-head across core investment metrics: Marrickville wins 3, Toowoon Bay 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.

MetricMarrickvilleToowoon Bay
Median house price$2.2M$2.2M
Median unit price$980K$980K
Gross rental yield (houses)2.53%1.57%
Gross rental yield (units)--
1-year house growth-1.5%estimate+9.3%estimate
3-year house growth--
Vacancy rate1.2%1.7%
Population26,570543

Marrickville vs Toowoon Bay: what the numbers say

The median house price is $2.2M in Marrickville and $2.2M in Toowoon Bay, so Marrickville is the cheaper entry point, with Toowoon Bay houses about 1% dearer.

On cash flow, Marrickville leads: houses there return a gross rental yield of 2.53%, compared with 1.57% in Toowoon Bay, a gap of 0.96 percentage points.

Over the past year house prices moved -1.5% in Marrickville (an estimate) and +9.3% in Toowoon Bay (an estimate), so recent momentum favours Toowoon Bay, while Marrickville went backwards.

Rental vacancy is 1.2% in Marrickville and 1.7% in Toowoon Bay, so landlords in Marrickville face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Marrickville is the bigger suburb, with a population of 26,570 against 543, roughly 49 times the size of Toowoon Bay; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Marrickville for rental income, Marrickville for a lower purchase price, Toowoon Bay for recent price momentum, Marrickville 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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