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Berridale vs Caloola

Property investment comparison - Berridale, NSW 2628 vs Caloola, NSW 2795

Head-to-head across core investment metrics: Berridale wins 3, Caloola wins 2. 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.

MetricBerridaleCaloola
Median house price$670K$675K
Median unit price$365K$445K
Gross rental yield (houses)4.18%4.24%
Gross rental yield (units)5.85%5.64%
1-year house growth+2.2%estimate-
3-year house growth--
Vacancy rate2.1%0.8%
Population1,30062

Berridale vs Caloola: what the numbers say

The median house price is $670K in Berridale and $675K in Caloola, so Berridale is the cheaper entry point, with Caloola houses about 1% dearer.

For units, Berridale sits at a median of $365K against $445K in Caloola, which makes Berridale the more affordable unit market and Caloola the pricier one.

On cash flow, Caloola leads: houses there return a gross rental yield of 4.24%, compared with 4.18% in Berridale, a gap of 0.06 percentage points.

Rental vacancy is 0.8% in Caloola and 2.1% in Berridale, so landlords in Caloola face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Berridale is the bigger suburb, with a population of 1,300 against 62, roughly 21 times the size of Caloola; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Caloola for rental income, Berridale for a lower purchase price, Caloola 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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