Augustine Heights vs Top Camp

Houses cost about the same in both suburbs: the median house price is $1.1M in Augustine Heights and $1.1M in Top Camp.

For units, Augustine Heights sits at a median of $805K against $790K in Top Camp, which makes Top Camp the more affordable unit market and Augustine Heights the pricier one.

On cash flow, Augustine Heights leads: houses there return a gross rental yield of 3.26%, compared with 3.04% in Top Camp, a gap of 0.22 percentage points.

Over the past year house prices moved +18.3% in Augustine Heights (an estimate) and +19.2% in Top Camp (an estimate), so recent momentum favours Top Camp, although both suburbs recorded growth.

Rental vacancy is 0.8% in Augustine Heights and 6.8% in Top Camp, so landlords in Augustine Heights face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Augustine Heights is the bigger suburb, with a population of 6,088 against 902, roughly 7 times the size of Top Camp; a larger suburb usually means a deeper pool of buyers and tenants.

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