Bexley North vs Pearl Beach

The median house price is $2.0M in Bexley North and $2.0M in Pearl Beach, so Pearl Beach is the cheaper entry point, with Bexley North houses about 1% dearer.

For units, Bexley North sits at a median of $800K against $1.3M in Pearl Beach, which makes Bexley North the more affordable unit market and Pearl Beach the pricier one.

On cash flow, Bexley North leads: houses there return a gross rental yield of 2.70%, compared with 2.05% in Pearl Beach, a gap of 0.65 percentage points.

Over the past year house prices moved +9.9% in Bexley North and +11.0% in Pearl Beach (an estimate), so recent momentum favours Pearl Beach, although both suburbs recorded growth.

Rental vacancy is 0.8% in Bexley North and 4.4% in Pearl Beach, so landlords in Bexley North face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Bexley North is the bigger suburb, with a population of 4,281 against 510, roughly 8 times the size of Pearl Beach; a larger suburb usually means a deeper pool of buyers and tenants.

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