Apple Tree Creek vs Pacific Haven

The median house price is $660K in Apple Tree Creek and $665K in Pacific Haven, so Apple Tree Creek is the cheaper entry point, with Pacific Haven houses about 1% dearer.

For units, Apple Tree Creek sits at a median of $215K against $555K in Pacific Haven, which makes Apple Tree Creek the more affordable unit market and Pacific Haven the pricier one.

On cash flow, Pacific Haven leads: houses there return a gross rental yield of 4.54%, compared with 4.12% in Apple Tree Creek, a gap of 0.42 percentage points.

Over the past year house prices moved +17.9% in Apple Tree Creek and +2.7% in Pacific Haven (an estimate), so recent momentum favours Apple Tree Creek, although both suburbs recorded growth.

Rental vacancy is 3.6% in Pacific Haven and 4.2% in Apple Tree Creek, so landlords in Pacific Haven face less competition for tenants.

Pacific Haven is the bigger suburb, with a population of 778 against 726, larger than Apple Tree Creek; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Pacific Haven for rental income, Apple Tree Creek for a lower purchase price, Apple Tree Creek for recent price momentum, Pacific Haven for the tighter rental market. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.