Bourkelands vs Sussex Inlet

Houses cost about the same in both suburbs: the median house price is $780K in Bourkelands and $780K in Sussex Inlet.

On cash flow, Bourkelands leads: houses there return a gross rental yield of 4.20%, compared with 3.83% in Sussex Inlet, a gap of 0.37 percentage points.

Over the past year house prices moved +8.6% in Bourkelands and +2.7% in Sussex Inlet, so recent momentum favours Bourkelands, although both suburbs recorded growth.

Looking back three years, Bourkelands houses are +16.7% and Sussex Inlet houses +6.6%, so Bourkelands has compounded faster than Sussex Inlet over the longer window.

Rental vacancy is 0.9% in Bourkelands and 3.1% in Sussex Inlet, so landlords in Bourkelands face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Sussex Inlet is the bigger suburb, with a population of 3,888 against 3,113, larger than Bourkelands; a larger suburb usually means a deeper pool of buyers and tenants.

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