Anketell vs Cable Beach

For units, Anketell sits at a median of $670K against $400K in Cable Beach, which makes Cable Beach the more affordable unit market and Anketell the pricier one.

On cash flow, Cable Beach leads: houses there return a gross rental yield of 7.45%, compared with 4.40% in Anketell, a gap of 3.05 percentage points.

Over the past year house prices moved +20.2% in Anketell and +8.7% in Cable Beach, so recent momentum favours Anketell, although both suburbs recorded growth.

Looking back three years, Anketell houses are -11.7% and Cable Beach houses +23.4%, so Cable Beach has compounded faster than Anketell over the longer window.

Rental vacancy is 0.9% in Cable Beach and 2.9% in Anketell, so landlords in Cable Beach face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Cable Beach is the bigger suburb, with a population of 5,730 against 280, roughly 20 times the size of Anketell; a larger suburb usually means a deeper pool of buyers and tenants.

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