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Pretty Beach vs Shell Cove

Property investment comparison - Pretty Beach, NSW 2257 vs Shell Cove, NSW 2529

Head-to-head across core investment metrics: Pretty Beach wins 2, Shell Cove wins 4. The better choice depends on whether you're optimising for cash flow, growth, affordability, or liquidity, the table below highlights the winner on each metric.

MetricPretty BeachShell Cove
Median house price$1.5M$1.5M
Median unit price$875K$1.1M
Gross rental yield (houses)-3.12%
Gross rental yield (units)4.15%3.75%
1-year house growth+3.4%+4.0%
3-year house growth-2.5%+18.0%
Vacancy rate3.2%2.7%
Population3147,591

Pretty Beach vs Shell Cove: what the numbers say

The median house price is $1.5M in Pretty Beach and $1.5M in Shell Cove, so Shell Cove is the cheaper entry point.

For units, Pretty Beach sits at a median of $875K against $1.1M in Shell Cove, which makes Pretty Beach the more affordable unit market and Shell Cove the pricier one.

Over the past year house prices moved +3.4% in Pretty Beach and +4.0% in Shell Cove, so recent momentum favours Shell Cove, although both suburbs recorded growth.

Looking back three years, Pretty Beach houses are -2.5% and Shell Cove houses +18.0%, so Shell Cove has compounded faster than Pretty Beach over the longer window.

Rental vacancy is 2.7% in Shell Cove and 3.2% in Pretty Beach, so landlords in Shell Cove face less competition for tenants.

Shell Cove is the bigger suburb, with a population of 7,591 against 314, roughly 24 times the size of Pretty Beach; a larger suburb usually means a deeper pool of buyers and tenants.

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

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