Silverdale vs Tennyson

Houses cost about the same in both suburbs: the median house price is $1.5M in Silverdale and $1.5M in Tennyson.

For units, Silverdale sits at a median of $855K against $2.0M in Tennyson, which makes Silverdale the more affordable unit market and Tennyson the pricier one.

On cash flow, Silverdale leads: houses there return a gross rental yield of 2.90%, compared with 2.44% in Tennyson, a gap of 0.46 percentage points.

Over the past year house prices moved +10.0% in Silverdale and +3.0% in Tennyson (an estimate), so recent momentum favours Silverdale, although both suburbs recorded growth.

Rental vacancy is 1.8% in Silverdale and 4.2% in Tennyson, so landlords in Silverdale face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Silverdale is the bigger suburb, with a population of 4,543 against 379, roughly 12 times the size of Tennyson; a larger suburb usually means a deeper pool of buyers and tenants.

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