Pacific Haven vs Taromeo

The median house price is $665K in Pacific Haven and $670K in Taromeo, so Pacific Haven is the cheaper entry point, with Taromeo houses about 1% dearer.

On cash flow, Pacific Haven leads: houses there return a gross rental yield of 4.54%, compared with 4.45% in Taromeo, a gap of 0.09 percentage points.

Over the past year house prices moved +2.7% in Pacific Haven (an estimate) and +12.1% in Taromeo (an estimate), so recent momentum favours Taromeo, although both suburbs recorded growth.

Rental vacancy is 1.4% in Taromeo and 3.6% in Pacific Haven, so landlords in Taromeo face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Pacific Haven is the bigger suburb, with a population of 778 against 373, roughly 2.1 times the size of Taromeo; a larger suburb usually means a deeper pool of buyers and tenants.

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