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Caringbah South vs Cobaki

Property investment comparison - Caringbah South, NSW 2229 vs Cobaki, NSW 2486

Head-to-head across core investment metrics: Caringbah South wins 3, Cobaki wins 0. 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.

MetricCaringbah SouthCobaki
Median house price$2.5M$2.5M
Median unit price-$740K
Gross rental yield (houses)2.89%2.01%
Gross rental yield (units)-4.75%
1-year house growth+2.4%estimate-
3-year house growth--
Vacancy rate2.1%3.1%
Population13,168203

Caringbah South vs Cobaki: what the numbers say

The median house price is $2.5M in Caringbah South and $2.5M in Cobaki, so Caringbah South is the cheaper entry point.

On cash flow, Caringbah South leads: houses there return a gross rental yield of 2.89%, compared with 2.01% in Cobaki, a gap of 0.88 percentage points.

Rental vacancy is 2.1% in Caringbah South and 3.1% in Cobaki, so landlords in Caringbah South face less competition for tenants.

Caringbah South is the bigger suburb, with a population of 13,168 against 203, roughly 65 times the size of Cobaki; a larger suburb usually means a deeper pool of buyers and tenants.

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