Davistown vs Haywards Bay

Houses cost about the same in both suburbs: the median house price is $1.3M in Davistown and $1.3M in Haywards Bay.

On cash flow, Davistown leads: houses there return a gross rental yield of 2.99%, compared with 2.87% in Haywards Bay, a gap of 0.12 percentage points.

Over the past year house prices moved +5.3% in Davistown and +21.8% in Haywards Bay, so recent momentum favours Haywards Bay, although both suburbs recorded growth.

Looking back three years, Davistown houses are +29.7% and Haywards Bay houses +22.9%, so Davistown has compounded faster than Haywards Bay over the longer window.

Rental vacancy is 0.4% in Davistown and 4.9% in Haywards Bay, so landlords in Davistown face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Davistown is the bigger suburb, with a population of 2,602 against 1,280, roughly 2.0 times the size of Haywards Bay; a larger suburb usually means a deeper pool of buyers and tenants.

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