Casuarina vs Enfield

The median house price is $2.4M in Casuarina and $2.4M in Enfield, so Casuarina is the cheaper entry point.

For units, Casuarina sits at a median of $1.1M against $810K in Enfield, which makes Enfield the more affordable unit market and Casuarina the pricier one.

On cash flow, Casuarina leads: houses there return a gross rental yield of 3.25%, compared with 2.43% in Enfield, a gap of 0.82 percentage points.

Over the past year house prices moved +9.3% in Casuarina and -4.3% in Enfield, so recent momentum favours Casuarina, while Enfield went backwards.

Looking back three years, Casuarina houses are +13.6% and Enfield houses +22.3%, so Enfield has compounded faster than Casuarina over the longer window.

Rental vacancy is 2.0% in Enfield and 3.5% in Casuarina, so landlords in Enfield face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Casuarina is the bigger suburb, with a population of 3,256 against 2,992, larger than Enfield; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Casuarina for rental income, Casuarina for a lower purchase price, Casuarina for recent price momentum, Enfield for the tighter rental market. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.