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Padstow Heights vs Silverwater

Property investment comparison - Padstow Heights, NSW 2211 vs Silverwater, NSW 2128

Head-to-head across core investment metrics: Padstow Heights wins 2, Silverwater wins 2. 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.

MetricPadstow HeightsSilverwater
Median house price$1.7M$1.7M
Median unit price-$710K
Gross rental yield (houses)3.17%-
Gross rental yield (units)3.16%4.80%
1-year house growth+9.6%+1.4%
3-year house growth+17.7%+4.1%
Vacancy rate2.8%0.5%
Population3,5943,600

Padstow Heights vs Silverwater: what the numbers say

Houses cost about the same in both suburbs: the median house price is $1.7M in Padstow Heights and $1.7M in Silverwater.

Over the past year house prices moved +9.6% in Padstow Heights and +1.4% in Silverwater, so recent momentum favours Padstow Heights, although both suburbs recorded growth.

Looking back three years, Padstow Heights houses are +17.7% and Silverwater houses +4.1%, so Padstow Heights has compounded faster than Silverwater over the longer window.

Rental vacancy is 0.5% in Silverwater and 2.8% in Padstow Heights, so landlords in Silverwater face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Silverwater is the bigger suburb, with a population of 3,600 against 3,594, larger than Padstow Heights; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Padstow Heights for recent price momentum, Silverwater 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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