Lake Tabourie vs Tanilba Bay

The median house price is $810K in Lake Tabourie and $815K in Tanilba Bay, so Lake Tabourie is the cheaper entry point, with Tanilba Bay houses about 1% dearer.

On cash flow, Lake Tabourie leads: houses there return a gross rental yield of 4.26%, compared with 4.02% in Tanilba Bay, a gap of 0.24 percentage points.

Over the past year house prices moved +3.7% in Lake Tabourie (an estimate) and +5.3% in Tanilba Bay, so recent momentum favours Tanilba Bay, although both suburbs recorded growth.

Rental vacancy is 0.9% in Lake Tabourie and 1.3% in Tanilba Bay, so landlords in Lake Tabourie face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Tanilba Bay is the bigger suburb, with a population of 3,237 against 689, roughly 4.7 times the size of Lake Tabourie; a larger suburb usually means a deeper pool of buyers and tenants.

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