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Parklea vs Tarlo

Property investment comparison - Parklea, NSW 2768 vs Tarlo, NSW 2580

Head-to-head across core investment metrics: Parklea wins 3, Tarlo 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.

MetricParkleaTarlo
Median house price$1.5M$1.5M
Median unit price$690K$560K
Gross rental yield (houses)3.03%1.96%
Gross rental yield (units)4.95%3.95%
1-year house growth+3.7%-
3-year house growth+5.6%-
Vacancy rate1.8%6.0%
Population3,684171

Parklea vs Tarlo: what the numbers say

The median house price is $1.5M in Parklea and $1.5M in Tarlo, so Tarlo is the cheaper entry point.

For units, Parklea sits at a median of $690K against $560K in Tarlo, which makes Tarlo the more affordable unit market and Parklea the pricier one.

On cash flow, Parklea leads: houses there return a gross rental yield of 3.03%, compared with 1.96% in Tarlo, a gap of 1.07 percentage points.

Rental vacancy is 1.8% in Parklea and 6.0% in Tarlo, so landlords in Parklea face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Parklea is the bigger suburb, with a population of 3,684 against 171, roughly 22 times the size of Tarlo; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Parklea for rental income, Tarlo for a lower purchase price, Parklea 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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