Chiton vs North Haven

The median house price is $990K in Chiton and $1.0M in North Haven, so Chiton is the cheaper entry point, with North Haven houses about 3% dearer.

On cash flow, Chiton leads: houses there return a gross rental yield of 3.80%, compared with 3.43% in North Haven, a gap of 0.37 percentage points.

Over the past year house prices moved +11.4% in Chiton (an estimate) and +11.8% in North Haven (an estimate), so recent momentum favours North Haven, although both suburbs recorded growth.

Rental vacancy is 0.6% in North Haven and 2.4% in Chiton, so landlords in North Haven face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

North Haven is the bigger suburb, with a population of 5,585 against 440, roughly 13 times the size of Chiton; a larger suburb usually means a deeper pool of buyers and tenants.

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