Lambton vs Murrays Beach

Houses cost about the same in both suburbs: the median house price is $1.2M in Lambton and $1.2M in Murrays Beach.

For units, Lambton sits at a median of $770K against $635K in Murrays Beach, which makes Murrays Beach the more affordable unit market and Lambton the pricier one.

On cash flow, Murrays Beach leads: houses there return a gross rental yield of 3.55%, compared with 3.17% in Lambton, a gap of 0.38 percentage points.

Over the past year house prices moved +9.7% in Lambton and +5.6% in Murrays Beach, so recent momentum favours Lambton, although both suburbs recorded growth.

Looking back three years, Lambton houses are +23.9% and Murrays Beach houses -1.4%, so Lambton has compounded faster than Murrays Beach over the longer window.

Rental vacancy is 1.1% in Lambton and 5.5% in Murrays Beach, so landlords in Lambton face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Lambton is the bigger suburb, with a population of 5,214 against 882, roughly 6 times the size of Murrays Beach; a larger suburb usually means a deeper pool of buyers and tenants.

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