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Casuarina vs Kogarah Bay

Property investment comparison - Casuarina, NSW 2487 vs Kogarah Bay, NSW 2217

Head-to-head across core investment metrics: Casuarina wins 4, Kogarah Bay 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.

MetricCasuarinaKogarah Bay
Median house price$2.4M$2.3M
Median unit price$1.1M$1.1M
Gross rental yield (houses)3.25%-
Gross rental yield (units)4.02%3.27%
1-year house growth+9.3%-3.7%estimate
3-year house growth+13.6%-
Vacancy rate3.5%4.3%
Population3,2562,102

Casuarina vs Kogarah Bay: what the numbers say

The median house price is $2.4M in Casuarina and $2.3M in Kogarah Bay, so Kogarah Bay is the cheaper entry point, with Casuarina houses about 1% dearer.

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

Over the past year house prices moved +9.3% in Casuarina and -3.7% in Kogarah Bay (an estimate), so recent momentum favours Casuarina, while Kogarah Bay went backwards.

Rental vacancy is 3.5% in Casuarina and 4.3% in Kogarah Bay, so landlords in Casuarina face less competition for tenants.

Casuarina is the bigger suburb, with a population of 3,256 against 2,102, larger than Kogarah Bay; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Kogarah Bay for a lower purchase price, Casuarina for recent price momentum, Casuarina 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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