Claremont Meadows vs Murrays Beach

Houses cost about the same in both suburbs: the median house price is $1.2M in Claremont Meadows and $1.2M in Murrays Beach.

For units, Claremont Meadows sits at a median of $900K against $635K in Murrays Beach, which makes Murrays Beach the more affordable unit market and Claremont Meadows the pricier one.

On cash flow, Murrays Beach leads: houses there return a gross rental yield of 3.55%, compared with 2.99% in Claremont Meadows, a gap of 0.56 percentage points.

Over the past year house prices moved +3.2% in Claremont Meadows and +5.6% in Murrays Beach, so recent momentum favours Murrays Beach, although both suburbs recorded growth.

Looking back three years, Claremont Meadows houses are +17.5% and Murrays Beach houses -1.4%, so Claremont Meadows has compounded faster than Murrays Beach over the longer window.

Rental vacancy is 2.2% in Claremont Meadows and 5.5% in Murrays Beach, so landlords in Claremont Meadows face less competition for tenants.

Claremont Meadows is the bigger suburb, with a population of 5,177 against 882, roughly 6 times the size of Murrays Beach; a larger suburb usually means a deeper pool of buyers and tenants.

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