Mount Sheridan vs Poona

Houses cost about the same in both suburbs: the median house price is $740K in Mount Sheridan and $740K in Poona.

On cash flow, Mount Sheridan leads: houses there return a gross rental yield of 4.70%, compared with 3.80% in Poona, a gap of 0.90 percentage points.

Over the past year house prices moved +14.7% in Mount Sheridan and +19.5% in Poona, so recent momentum favours Poona, although both suburbs recorded growth.

Looking back three years, Mount Sheridan houses are +47.2% and Poona houses +50.3%, so Poona has compounded faster than Mount Sheridan over the longer window.

Rental vacancy is 0.8% in Mount Sheridan and 2.9% in Poona, so landlords in Mount Sheridan face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Mount Sheridan is the bigger suburb, with a population of 8,678 against 576, roughly 15 times the size of Poona; a larger suburb usually means a deeper pool of buyers and tenants.

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