Davistown vs Moonee Beach

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

On cash flow, Moonee Beach leads: houses there return a gross rental yield of 3.54%, compared with 2.99% in Davistown, a gap of 0.55 percentage points.

Over the past year house prices moved +5.3% in Davistown and +12.5% in Moonee Beach, so recent momentum favours Moonee Beach, although both suburbs recorded growth.

Looking back three years, Davistown houses are +29.7% and Moonee Beach houses +9.0%, so Davistown has compounded faster than Moonee Beach over the longer window.

Rental vacancy is 0.4% in Davistown and 2.0% in Moonee Beach, 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 2,176, larger than Moonee Beach; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Moonee Beach for rental income, Moonee Beach 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.