Redlynch vs South Maclean

Houses cost about the same in both suburbs: the median house price is $920K in Redlynch and $920K in South Maclean.

For units, Redlynch sits at a median of $545K against $800K in South Maclean, which makes Redlynch the more affordable unit market and South Maclean the pricier one.

On cash flow, Redlynch leads: houses there return a gross rental yield of 4.51%, compared with 3.70% in South Maclean, a gap of 0.81 percentage points.

Over the past year house prices moved +16.9% in Redlynch and +11.2% in South Maclean (an estimate), so recent momentum favours Redlynch, although both suburbs recorded growth.

Rental vacancy is 1.4% in Redlynch and 5.0% in South Maclean, so landlords in Redlynch face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Redlynch is the bigger suburb, with a population of 10,571 against 2,232, roughly 4.7 times the size of South Maclean; a larger suburb usually means a deeper pool of buyers and tenants.

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