Pendle Hill vs Towradgi

Houses cost about the same in both suburbs: the median house price is $1.4M in Pendle Hill and $1.4M in Towradgi.

For units, Pendle Hill sits at a median of $510K against $850K in Towradgi, which makes Pendle Hill the more affordable unit market and Towradgi the pricier one.

On cash flow, Towradgi leads: houses there return a gross rental yield of 3.00%, compared with 2.60% in Pendle Hill, a gap of 0.40 percentage points.

Over the past year house prices moved +5.5% in Pendle Hill (an estimate) and +7.5% in Towradgi (an estimate), so recent momentum favours Towradgi, although both suburbs recorded growth.

Rental vacancy is 0.7% in Towradgi and 1.8% in Pendle Hill, so landlords in Towradgi face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Pendle Hill is the bigger suburb, with a population of 7,743 against 3,241, roughly 2.4 times the size of Towradgi; a larger suburb usually means a deeper pool of buyers and tenants.

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