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Hove vs Nailsworth

Property investment comparison - Hove, SA 5048 vs Nailsworth, SA 5083

Head-to-head across core investment metrics: Hove wins 2, Nailsworth wins 2. 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.

MetricHoveNailsworth
Median house price$1.4M$1.4M
Median unit price-$650K
Gross rental yield (houses)2.80%2.44%
Gross rental yield (units)-4.40%
1-year house growth+8.7%+9.2%estimate
3-year house growth+14.2%-
Vacancy rate0.5%1.9%
Population3,1892,235

Hove vs Nailsworth: what the numbers say

The median house price is $1.4M in Hove and $1.4M in Nailsworth, so Nailsworth is the cheaper entry point, with Hove houses about 3% dearer.

On cash flow, Hove leads: houses there return a gross rental yield of 2.80%, compared with 2.44% in Nailsworth, a gap of 0.36 percentage points.

Over the past year house prices moved +8.7% in Hove and +9.2% in Nailsworth (an estimate), so recent momentum favours Nailsworth, although both suburbs recorded growth.

Rental vacancy is 0.5% in Hove and 1.9% in Nailsworth, so landlords in Hove face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Hove is the bigger suburb, with a population of 3,189 against 2,235, larger than Nailsworth; a larger suburb usually means a deeper pool of buyers and tenants.

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

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