Clyde vs Hastings

Houses cost about the same in both suburbs: the median house price is $730K in Clyde and $730K in Hastings.

For units, Clyde sits at a median of $560K against $590K in Hastings, which makes Clyde the more affordable unit market and Hastings the pricier one.

On cash flow, Clyde leads: houses there return a gross rental yield of 4.30%, compared with 4.13% in Hastings, a gap of 0.17 percentage points.

Over the past year house prices moved +5.0% in Clyde and +5.7% in Hastings, so recent momentum favours Hastings, although both suburbs recorded growth.

Looking back three years, Clyde houses are +6.4% and Hastings houses +2.2%, so Clyde has compounded faster than Hastings over the longer window.

Rental vacancy is 0.5% in Hastings and 4.0% in Clyde, so landlords in Hastings face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Clyde is the bigger suburb, with a population of 11,177 against 10,369, larger than Hastings; a larger suburb usually means a deeper pool of buyers and tenants.

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