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Caringbah vs Clifton

Property investment comparison - Caringbah, NSW 2229 vs Clifton, NSW 2515

Head-to-head across core investment metrics: Caringbah wins 2, Clifton wins 3. 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.

MetricCaringbahClifton
Median house price$2M$2.0M
Median unit price$905K$1.1M
Gross rental yield (houses)2.47%3.55%
Gross rental yield (units)4.10%4.39%
1-year house growth+4.0%-
3-year house growth+18.5%-
Vacancy rate0.7%2.5%
Population12,57535

Caringbah vs Clifton: what the numbers say

The median house price is $2M in Caringbah and $2.0M in Clifton, so Clifton is the cheaper entry point.

For units, Caringbah sits at a median of $905K against $1.1M in Clifton, which makes Caringbah the more affordable unit market and Clifton the pricier one.

On cash flow, Clifton leads: houses there return a gross rental yield of 3.55%, compared with 2.47% in Caringbah, a gap of 1.08 percentage points.

Rental vacancy is 0.7% in Caringbah and 2.5% in Clifton, so landlords in Caringbah face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Caringbah is the bigger suburb, with a population of 12,575 against 35, roughly 359 times the size of Clifton; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Clifton for rental income, Clifton for a lower purchase price, Caringbah 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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