Faulconbridge vs Horsfield Bay

Houses cost about the same in both suburbs: the median house price is $1.2M in Faulconbridge and $1.2M in Horsfield Bay.

For units, Faulconbridge sits at a median of $815K against $690K in Horsfield Bay, which makes Horsfield Bay the more affordable unit market and Faulconbridge the pricier one.

On cash flow, Horsfield Bay leads: houses there return a gross rental yield of 3.23%, compared with 3.03% in Faulconbridge, a gap of 0.20 percentage points.

Over the past year house prices moved +11.6% in Faulconbridge (an estimate) and +8.2% in Horsfield Bay, so recent momentum favours Faulconbridge, although both suburbs recorded growth.

Rental vacancy is 0.6% in Faulconbridge and 8.5% in Horsfield Bay, so landlords in Faulconbridge face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Faulconbridge is the bigger suburb, with a population of 4,156 against 501, roughly 8 times the size of Horsfield Bay; a larger suburb usually means a deeper pool of buyers and tenants.

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