Mollymook Beach vs Point Clare

Houses cost about the same in both suburbs: the median house price is $1.2M in Mollymook Beach and $1.2M in Point Clare.

For units, Mollymook Beach sits at a median of $850K against $835K in Point Clare, which makes Point Clare the more affordable unit market and Mollymook Beach the pricier one.

Over the past year house prices moved +3.0% in Mollymook Beach and +8.8% in Point Clare (an estimate), so recent momentum favours Point Clare, although both suburbs recorded growth.

Rental vacancy is 0.4% in Point Clare and 1.9% in Mollymook Beach, so landlords in Point Clare face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Point Clare is the bigger suburb, with a population of 3,974 against 2,531, larger than Mollymook Beach; a larger suburb usually means a deeper pool of buyers and tenants.

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