Orient Point vs Toormina

Houses cost about the same in both suburbs: the median house price is $800K in Orient Point and $800K in Toormina.

For units, Orient Point sits at a median of $625K against $500K in Toormina, which makes Toormina the more affordable unit market and Orient Point the pricier one.

On cash flow, Toormina leads: houses there return a gross rental yield of 4.40%, compared with 3.57% in Orient Point, a gap of 0.83 percentage points.

Over the past year house prices moved +6.7% in Orient Point and +9.6% in Toormina, so recent momentum favours Toormina, although both suburbs recorded growth.

Looking back three years, Orient Point houses are -1.2% and Toormina houses +18.9%, so Toormina has compounded faster than Orient Point over the longer window.

Rental vacancy is 0.8% in Toormina and 1.3% in Orient Point, so landlords in Toormina face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Toormina is the bigger suburb, with a population of 6,171 against 629, roughly 10 times the size of Orient Point; a larger suburb usually means a deeper pool of buyers and tenants.

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