Ashbury vs Cherrybrook

Houses cost about the same in both suburbs: the median house price is $2.4M in Ashbury and $2.4M in Cherrybrook.

For units, Ashbury sits at a median of $910K against $1.6M in Cherrybrook, which makes Ashbury the more affordable unit market and Cherrybrook the pricier one.

On cash flow, Cherrybrook leads: houses there return a gross rental yield of 2.49%, compared with 2.17% in Ashbury, a gap of 0.32 percentage points.

Over the past year house prices moved +6.4% in Ashbury and -0.8% in Cherrybrook, so recent momentum favours Ashbury, while Cherrybrook went backwards.

Looking back three years, Ashbury houses are +17.7% and Cherrybrook houses +3.4%, so Ashbury has compounded faster than Cherrybrook over the longer window.

Rental vacancy is 0.5% in Ashbury and 1.4% in Cherrybrook, so landlords in Ashbury face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Cherrybrook is the bigger suburb, with a population of 19,082 against 3,353, roughly 6 times the size of Ashbury; a larger suburb usually means a deeper pool of buyers and tenants.

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