Beechmont vs Margate

Houses cost about the same in both suburbs: the median house price is $1.0M in Beechmont and $1.0M in Margate.

For units, Beechmont sits at a median of $825K against $775K in Margate, which makes Margate the more affordable unit market and Beechmont the pricier one.

On cash flow, Beechmont leads: houses there return a gross rental yield of 3.52%, compared with 3.27% in Margate, a gap of 0.25 percentage points.

Over the past year house prices moved +10.6% in Beechmont (an estimate) and +13.6% in Margate (an estimate), so recent momentum favours Margate, although both suburbs recorded growth.

Rental vacancy is 0.6% in Margate and 2.4% in Beechmont, so landlords in Margate face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Margate is the bigger suburb, with a population of 7,575 against 848, roughly 9 times the size of Beechmont; a larger suburb usually means a deeper pool of buyers and tenants.

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