Burrum Heads vs Oakhurst

The median house price is $875K in Burrum Heads and $880K in Oakhurst, so Burrum Heads is the cheaper entry point, with Oakhurst houses about 1% dearer.

On cash flow, Burrum Heads leads: houses there return a gross rental yield of 3.60%, compared with 3.23% in Oakhurst, a gap of 0.37 percentage points.

Over the past year house prices moved +11.8% in Burrum Heads and +13.4% in Oakhurst, so recent momentum favours Oakhurst, although both suburbs recorded growth.

Looking back three years, Burrum Heads houses are +23.6% and Oakhurst houses +34.6%, so Oakhurst has compounded faster than Burrum Heads over the longer window.

Rental vacancy is 3.5% in Oakhurst and 5.9% in Burrum Heads, so landlords in Oakhurst face less competition for tenants.

Burrum Heads is the bigger suburb, with a population of 2,538 against 1,717, larger than Oakhurst; a larger suburb usually means a deeper pool of buyers and tenants.

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