Clareville vs Randwick

The median house price is $3.7M in Clareville and $3.8M in Randwick, so Clareville is the cheaper entry point.

For units, Clareville sits at a median of $1.1M against $1.3M in Randwick, which makes Clareville the more affordable unit market and Randwick the pricier one.

Gross rental yield on houses is effectively level, at 2.08% in Clareville and 2.07% in Randwick, so neither suburb has a cash flow edge on houses.

Over the past year house prices moved -1.5% in Clareville and +0.0% in Randwick, so recent momentum favours Randwick, while Clareville went backwards.

Looking back three years, Clareville houses are +4.6% and Randwick houses +16.1%, so Randwick has compounded faster than Clareville over the longer window.

Rental vacancy is 2.4% in Randwick and 11.1% in Clareville, so landlords in Randwick face less competition for tenants.

Randwick is the bigger suburb, with a population of 28,943 against 822, roughly 35 times the size of Clareville; a larger suburb usually means a deeper pool of buyers and tenants.

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