Low Head vs New Town

The median house price is $865K in Low Head and $890K in New Town, so Low Head is the cheaper entry point, with New Town houses about 3% dearer.

For units, Low Head sits at a median of $465K against $480K in New Town, which makes Low Head the more affordable unit market and New Town the pricier one.

On cash flow, New Town leads: houses there return a gross rental yield of 3.94%, compared with 3.15% in Low Head, a gap of 0.79 percentage points.

Over the past year house prices moved +23.9% in Low Head and +0.0% in New Town, so recent momentum favours Low Head, although both suburbs recorded growth.

Looking back three years, Low Head houses are +23.8% and New Town houses -6.4%, so Low Head has compounded faster than New Town over the longer window.

Rental vacancy is 0.4% in New Town and 1.4% in Low Head, so landlords in New Town face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

New Town is the bigger suburb, with a population of 6,781 against 619, roughly 11 times the size of Low Head; a larger suburb usually means a deeper pool of buyers and tenants.

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