Cambridge Park vs Fern Bay

The median house price is $1.1M in Cambridge Park and $1.1M in Fern Bay, so Cambridge Park is the cheaper entry point.

For units, Cambridge Park sits at a median of $820K against $815K in Fern Bay, which makes Fern Bay the more affordable unit market and Cambridge Park the pricier one.

Over the past year house prices moved +13.5% in Cambridge Park (an estimate) and +6.5% in Fern Bay, so recent momentum favours Cambridge Park, although both suburbs recorded growth.

Rental vacancy is 1.0% in Fern Bay and 2.4% in Cambridge Park, so landlords in Fern Bay face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Cambridge Park is the bigger suburb, with a population of 7,054 against 4,046, larger than Fern Bay; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Cambridge Park for a lower purchase price, Cambridge Park for recent price momentum, Fern Bay for the tighter rental market. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.