Chittaway Point vs Miller

The median house price is $985K in Chittaway Point and $990K in Miller, so Chittaway Point is the cheaper entry point, with Miller houses about 1% dearer.

For units, Chittaway Point sits at a median of $675K against $1M in Miller, which makes Chittaway Point the more affordable unit market and Miller the pricier one.

On cash flow, Chittaway Point leads: houses there return a gross rental yield of 3.70%, compared with 3.15% in Miller, a gap of 0.55 percentage points.

Over the past year house prices moved +8.0% in Chittaway Point (an estimate) and +11.9% in Miller, so recent momentum favours Miller, although both suburbs recorded growth.

Rental vacancy is 1.3% in Miller and 2.3% in Chittaway Point, so landlords in Miller face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Miller is the bigger suburb, with a population of 3,374 against 947, roughly 3.6 times the size of Chittaway Point; a larger suburb usually means a deeper pool of buyers and tenants.

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