Is it worth investing in a rental property in Bondi versus Bronte for long-term returns?

Investing in Bondi typically offers higher rental yields due to its popularity among tourists and young professionals, leading to a consistent demand for short-term rentals. However, the property prices can be quite steep, which may affect your initial investment. • In contrast, Bronte can provide a slightly lower entry cost while still being close to the beach. It's more residential, which might attract families looking for a long-term rental, potentially offering stability in tenants and a different rental market dynamic.