Churchill vs Torquay

The median house price is $775K in Churchill and $780K in Torquay, so Churchill is the cheaper entry point, with Torquay houses about 1% dearer.

For units, Churchill sits at a median of $320K against $615K in Torquay, which makes Churchill the more affordable unit market and Torquay the pricier one.

On cash flow, Torquay leads: houses there return a gross rental yield of 4.11%, compared with 3.85% in Churchill, a gap of 0.26 percentage points.

Over the past year house prices moved +20.6% in Churchill (an estimate) and +15.0% in Torquay, so recent momentum favours Churchill, although both suburbs recorded growth.

Rental vacancy is 1.0% in Churchill and 2.0% in Torquay, so landlords in Churchill face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Torquay is the bigger suburb, with a population of 6,533 against 1,842, roughly 3.5 times the size of Churchill; a larger suburb usually means a deeper pool of buyers and tenants.

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