Hamlyn vs Nelson Bay
Property investment comparison - Hamlyn, NSW 2259 vs Nelson Bay, NSW 2315
Head-to-head across core investment metrics: Hamlyn wins 4, Nelson Bay wins 0. The better choice depends on whether you're optimising for cash flow, growth, affordability, or liquidity, the table below highlights the winner on each metric.
| Metric | Hamlyn | Nelson Bay |
|---|---|---|
| Median house price | $1.0M | $1.0M |
| Median unit price | $695K | $700K |
| Gross rental yield (houses) | - | 3.48% |
| Gross rental yield (units) | 4.74% | 4.31% |
| 1-year house growth | +9.9% | +0.1%estimate |
| 3-year house growth | - | - |
| Vacancy rate | 0.9% | 1.6% |
| Population | - | 6,141 |
Hamlyn vs Nelson Bay: what the numbers say
Houses cost about the same in both suburbs: the median house price is $1.0M in Hamlyn and $1.0M in Nelson Bay.
For units, Hamlyn sits at a median of $695K against $700K in Nelson Bay, which makes Hamlyn the more affordable unit market and Nelson Bay the pricier one.
Over the past year house prices moved +9.9% in Hamlyn and +0.1% in Nelson Bay (an estimate), so recent momentum favours Hamlyn, although both suburbs recorded growth.
Rental vacancy is 0.9% in Hamlyn and 1.6% in Nelson Bay, so landlords in Hamlyn face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.
In short: Hamlyn for recent price momentum, Hamlyn for the tighter rental market. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.
Keep exploring
- National investment guide - top suburbs across every metric
- Take the suburb finder quiz - 5 questions to match your goals
- How our investment score works
- Property investment glossary - every term defined
Compare any 2-4 Australian suburbs
Build your own multi-suburb comparison with the full interactive tool.
Open interactive comparison