Prestons vs The Entrance North

Houses cost about the same in both suburbs: the median house price is $1.3M in Prestons and $1.3M in The Entrance North.

For units, Prestons sits at a median of $950K against $650K in The Entrance North, which makes The Entrance North the more affordable unit market and Prestons the pricier one.

On cash flow, Prestons leads: houses there return a gross rental yield of 3.41%, compared with 3.20% in The Entrance North, a gap of 0.21 percentage points.

Over the past year house prices moved +5.4% in Prestons (an estimate) and +2.9% in The Entrance North (an estimate), so recent momentum favours Prestons, although both suburbs recorded growth.

Rental vacancy is 1.3% in The Entrance North and 1.8% in Prestons, so landlords in The Entrance North face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Prestons is the bigger suburb, with a population of 15,694 against 1,619, roughly 10 times the size of The Entrance North; a larger suburb usually means a deeper pool of buyers and tenants.

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