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Pelaw Main vs Turvey Park

Property investment comparison - Pelaw Main, NSW 2327 vs Turvey Park, NSW 2650

Head-to-head across core investment metrics: Pelaw Main wins 2, Turvey Park 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.

MetricPelaw MainTurvey Park
Median house price$780K$780K
Median unit price--
Gross rental yield (houses)3.47%3.98%
Gross rental yield (units)4.48%3.54%
1-year house growth+15.3%estimate+15.6%estimate
3-year house growth--
Vacancy rate0.6%1.1%
Population1,0803,572

Pelaw Main vs Turvey Park: what the numbers say

Houses cost about the same in both suburbs: the median house price is $780K in Pelaw Main and $780K in Turvey Park.

On cash flow, Turvey Park leads: houses there return a gross rental yield of 3.98%, compared with 3.47% in Pelaw Main, a gap of 0.51 percentage points.

Over the past year house prices moved +15.3% in Pelaw Main (an estimate) and +15.6% in Turvey Park (an estimate), so recent momentum favours Turvey Park, although both suburbs recorded growth.

Rental vacancy is 0.6% in Pelaw Main and 1.1% in Turvey Park, so landlords in Pelaw Main face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Turvey Park is the bigger suburb, with a population of 3,572 against 1,080, roughly 3.3 times the size of Pelaw Main; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Turvey Park for rental income, Turvey Park for recent price momentum, Pelaw Main 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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