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Caringbah vs Great Mackerel Beach

Property investment comparison - Caringbah, NSW 2229 vs Great Mackerel Beach, NSW 2108

Head-to-head across core investment metrics: Caringbah wins 3, Great Mackerel Beach wins 1. 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.

MetricCaringbahGreat Mackerel Beach
Median house price$2M$2.0M
Median unit price$905K$1.6M
Gross rental yield (houses)2.47%-
Gross rental yield (units)4.10%2.71%
1-year house growth+4.0%-
3-year house growth+18.5%-
Vacancy rate0.7%3.1%
Population12,57550

Caringbah vs Great Mackerel Beach: what the numbers say

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

For units, Caringbah sits at a median of $905K against $1.6M in Great Mackerel Beach, which makes Caringbah the more affordable unit market and Great Mackerel Beach the pricier one.

Rental vacancy is 0.7% in Caringbah and 3.1% in Great Mackerel Beach, 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 50, roughly 252 times the size of Great Mackerel Beach; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Great Mackerel Beach 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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