Mayfield West vs Tascott

The median house price is $1.0M in Mayfield West and $1.0M in Tascott, so Tascott is the cheaper entry point.

On cash flow, Tascott leads: houses there return a gross rental yield of 3.90%, compared with 3.80% in Mayfield West, a gap of 0.10 percentage points.

Over the past year house prices moved +9.9% in Mayfield West and +6.2% in Tascott, so recent momentum favours Mayfield West, although both suburbs recorded growth.

Looking back three years, Mayfield West houses are +28.0% and Tascott houses +7.4%, so Mayfield West has compounded faster than Tascott over the longer window.

Rental vacancy is 0.9% in Mayfield West and 1.9% in Tascott, so landlords in Mayfield West face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Mayfield West is the bigger suburb, with a population of 1,993 against 1,675, larger than Tascott; a larger suburb usually means a deeper pool of buyers and tenants.

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