Port Elliot vs St Marys

The median house price is $1.1M in Port Elliot and $1.0M in St Marys, so St Marys is the cheaper entry point, with Port Elliot houses about 3% dearer.

For units, Port Elliot sits at a median of $670K against $540K in St Marys, which makes St Marys the more affordable unit market and Port Elliot the pricier one.

Over the past year house prices moved +6.3% in Port Elliot and +11.7% in St Marys, so recent momentum favours St Marys, although both suburbs recorded growth.

Looking back three years, Port Elliot houses are +32.0% and St Marys houses +30.9%, so Port Elliot has compounded faster than St Marys over the longer window.

Rental vacancy is 0.3% in St Marys and 1.0% in Port Elliot, so landlords in St Marys face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

St Marys is the bigger suburb, with a population of 3,010 against 2,251, larger than Port Elliot; a larger suburb usually means a deeper pool of buyers and tenants.

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