Redesdale vs Taylors Lakes

The median house price is $1M in Redesdale and $990K in Taylors Lakes, so Taylors Lakes is the cheaper entry point, with Redesdale houses about 1% dearer.

For units, Redesdale sits at a median of $480K against $625K in Taylors Lakes, which makes Redesdale the more affordable unit market and Taylors Lakes the pricier one.

Over the past year house prices moved +7.8% in Redesdale and +8.3% in Taylors Lakes, so recent momentum favours Taylors Lakes, although both suburbs recorded growth.

Looking back three years, Redesdale houses are +30.1% and Taylors Lakes houses +7.4%, so Redesdale has compounded faster than Taylors Lakes over the longer window.

Rental vacancy is 1.5% in Taylors Lakes and 3.7% in Redesdale, so landlords in Taylors Lakes face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Taylors Lakes is the bigger suburb, with a population of 15,174 against 299, roughly 51 times the size of Redesdale; a larger suburb usually means a deeper pool of buyers and tenants.

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