Port Willunga vs Two Wells

The median house price is $935K in Port Willunga and $925K in Two Wells, so Two Wells is the cheaper entry point, with Port Willunga houses about 1% dearer.

On cash flow, Two Wells leads: houses there return a gross rental yield of 4.00%, compared with 3.18% in Port Willunga, a gap of 0.82 percentage points.

Over the past year house prices moved +18.4% in Port Willunga and +5.7% in Two Wells, so recent momentum favours Port Willunga, although both suburbs recorded growth.

Looking back three years, Port Willunga houses are +54.4% and Two Wells houses +45.2%, so Port Willunga has compounded faster than Two Wells over the longer window.

Rental vacancy is 0.3% in Two Wells and 0.6% in Port Willunga, so landlords in Two Wells face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Two Wells is the bigger suburb, with a population of 3,233 against 1,785, larger than Port Willunga; a larger suburb usually means a deeper pool of buyers and tenants.

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