Mayfield vs Salt Ash

Houses cost about the same in both suburbs: the median house price is $1.1M in Mayfield and $1.1M in Salt Ash.

For units, Mayfield sits at a median of $830K against $505K in Salt Ash, which makes Salt Ash the more affordable unit market and Mayfield the pricier one.

On cash flow, Mayfield leads: houses there return a gross rental yield of 3.47%, compared with 3.34% in Salt Ash, a gap of 0.13 percentage points.

Over the past year house prices moved +10.5% in Mayfield and -1.1% in Salt Ash (an estimate), so recent momentum favours Mayfield, while Salt Ash went backwards.

Rental vacancy is 1.3% in Mayfield and 3.2% in Salt Ash, so landlords in Mayfield face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Mayfield is the bigger suburb, with a population of 9,760 against 1,103, roughly 9 times the size of Salt Ash; a larger suburb usually means a deeper pool of buyers and tenants.

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