Belmore vs Thirroul

The median house price is $1.9M in Belmore and $1.9M in Thirroul, so Belmore is the cheaper entry point.

For units, Belmore sits at a median of $665K against $1.2M in Thirroul, which makes Belmore the more affordable unit market and Thirroul the pricier one.

On cash flow, Thirroul leads: houses there return a gross rental yield of 3.10%, compared with 2.40% in Belmore, a gap of 0.70 percentage points.

Over the past year house prices moved +5.4% in Belmore (an estimate) and +4.5% in Thirroul, so recent momentum favours Belmore, although both suburbs recorded growth.

Rental vacancy is 1.1% in Belmore and 1.6% in Thirroul, so landlords in Belmore face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Belmore is the bigger suburb, with a population of 13,781 against 6,348, roughly 2.2 times the size of Thirroul; a larger suburb usually means a deeper pool of buyers and tenants.

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