Asquith vs Cooks Hill

The median house price is $1.8M in Asquith and $1.8M in Cooks Hill, so Cooks Hill is the cheaper entry point, with Asquith houses about 1% dearer.

For units, Asquith sits at a median of $715K against $930K in Cooks Hill, which makes Asquith the more affordable unit market and Cooks Hill the pricier one.

On cash flow, Asquith leads: houses there return a gross rental yield of 2.48%, compared with 2.23% in Cooks Hill, a gap of 0.25 percentage points.

Over the past year house prices moved -5.2% in Asquith (an estimate) and +6.5% in Cooks Hill (an estimate), so recent momentum favours Cooks Hill, while Asquith went backwards.

Rental vacancy is 1.4% in Asquith and 1.6% in Cooks Hill, so landlords in Asquith face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Asquith is the bigger suburb, with a population of 6,160 against 3,774, larger than Cooks Hill; a larger suburb usually means a deeper pool of buyers and tenants.

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