Bauple vs Currajong

Houses cost about the same in both suburbs: the median house price is $650K in Bauple and $650K in Currajong.

For units, Bauple sits at a median of $425K against $680K in Currajong, which makes Bauple the more affordable unit market and Currajong the pricier one.

On cash flow, Currajong leads: houses there return a gross rental yield of 4.70%, compared with 4.06% in Bauple, a gap of 0.64 percentage points.

Over the past year house prices moved +12.8% in Bauple and +19.4% in Currajong, so recent momentum favours Currajong, although both suburbs recorded growth.

Looking back three years, Bauple houses are +50.8% and Currajong houses +74.3%, so Currajong has compounded faster than Bauple over the longer window.

Rental vacancy is 1.0% in Bauple and 1.8% in Currajong, so landlords in Bauple face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Currajong is the bigger suburb, with a population of 2,490 against 745, roughly 3.3 times the size of Bauple; a larger suburb usually means a deeper pool of buyers and tenants.

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