Carrick vs Illawong
Property investment comparison - Carrick, NSW 2580 vs Illawong, NSW 2234
Head-to-head across core investment metrics: Carrick wins 3, Illawong 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.
| Metric | Carrick | Illawong |
|---|---|---|
| Median house price | $2.0M | $2.0M |
| Median unit price | $565K | $1.2M |
| Gross rental yield (houses) | - | 3.10% |
| Gross rental yield (units) | 4.38% | - |
| 1-year house growth | - | +7.8% |
| 3-year house growth | - | +20.3% |
| Vacancy rate | 1.2% | 1.8% |
| Population | 164 | 7,427 |
Carrick vs Illawong: what the numbers say
The median house price is $2.0M in Carrick and $2.0M in Illawong, so Carrick is the cheaper entry point.
For units, Carrick sits at a median of $565K against $1.2M in Illawong, which makes Carrick the more affordable unit market and Illawong the pricier one.
Rental vacancy is 1.2% in Carrick and 1.8% in Illawong, so landlords in Carrick face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.
Illawong is the bigger suburb, with a population of 7,427 against 164, roughly 45 times the size of Carrick; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Carrick 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.
Keep exploring
- National investment guide - top suburbs across every metric
- Take the suburb finder quiz - 5 questions to match your goals
- How our investment score works
- Property investment glossary - every term defined
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