Blackbutt North vs Pacific Haven

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

For units, Blackbutt North sits at a median of $355K against $555K in Pacific Haven, which makes Blackbutt North 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 4.40% in Blackbutt North, a gap of 0.14 percentage points.

Over the past year house prices moved +17.7% in Blackbutt North and +2.7% in Pacific Haven (an estimate), so recent momentum favours Blackbutt North, although both suburbs recorded growth.

Rental vacancy is 1.2% in Blackbutt North and 3.6% in Pacific Haven, so landlords in Blackbutt North face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Pacific Haven is the bigger suburb, with a population of 778 against 451, larger than Blackbutt North; a larger suburb usually means a deeper pool of buyers and tenants.

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