Little Hampton vs Oakleigh South

The median house price is $1.2M in Little Hampton and $1.3M in Oakleigh South, so Little Hampton is the cheaper entry point.

On cash flow, Oakleigh South leads: houses there return a gross rental yield of 2.97%, compared with 2.29% in Little Hampton, a gap of 0.68 percentage points.

Rental vacancy is 1.6% in Oakleigh South and 2.6% in Little Hampton, so landlords in Oakleigh South face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Oakleigh South is the bigger suburb, with a population of 9,851 against 74, roughly 133 times the size of Little Hampton; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Oakleigh South for rental income, Little Hampton for a lower purchase price, Oakleigh South for the tighter rental market. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.