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Carrick vs Hamilton East

Property investment comparison - Carrick, NSW 2580 vs Hamilton East, NSW 2303

Head-to-head across core investment metrics: Carrick wins 3, Hamilton East 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.

MetricCarrickHamilton East
Median house price$2.0M$2M
Median unit price$565K$650K
Gross rental yield (houses)-2.34%
Gross rental yield (units)4.38%4.24%
1-year house growth-+3.6%
3-year house growth-+13.2%
Vacancy rate1.2%1.3%
Population164997

Carrick vs Hamilton East: what the numbers say

The median house price is $2.0M in Carrick and $2M in Hamilton East, so Hamilton East is the cheaper entry point.

For units, Carrick sits at a median of $565K against $650K in Hamilton East, which makes Carrick the more affordable unit market and Hamilton East the pricier one.

Rental vacancy is 1.2% in Carrick and 1.3% in Hamilton East, so landlords in Carrick face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Hamilton East is the bigger suburb, with a population of 997 against 164, roughly 6 times the size of Carrick; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Hamilton East for a lower purchase price, Carrick 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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Carrick vs Hamilton East: Suburb Comparison 2026