Claremont vs Greens Beach

Houses cost about the same in both suburbs: the median house price is $630K in Claremont and $630K in Greens Beach.

For units, Claremont sits at a median of $490K against $520K in Greens Beach, which makes Claremont the more affordable unit market and Greens Beach the pricier one.

On cash flow, Claremont leads: houses there return a gross rental yield of 4.70%, compared with 4.46% in Greens Beach, a gap of 0.24 percentage points.

Over the past year house prices moved +15.6% in Claremont (an estimate) and +21.0% in Greens Beach (an estimate), so recent momentum favours Greens Beach, although both suburbs recorded growth.

Rental vacancy is 0.9% in Claremont and 1.2% in Greens Beach, so landlords in Claremont face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Claremont is the bigger suburb, with a population of 8,397 against 247, roughly 34 times the size of Greens Beach; a larger suburb usually means a deeper pool of buyers and tenants.

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