Catherine Field vs Granville

The median house price is $1.2M in Catherine Field and $1.3M in Granville, so Catherine Field is the cheaper entry point.

For units, Catherine Field sits at a median of $900K against $530K in Granville, which makes Granville the more affordable unit market and Catherine Field the pricier one.

On cash flow, Catherine Field leads: houses there return a gross rental yield of 3.26%, compared with 3.12% in Granville, a gap of 0.14 percentage points.

Over the past year house prices moved +16.8% in Catherine Field and +6.4% in Granville (an estimate), so recent momentum favours Catherine Field, although both suburbs recorded growth.

Rental vacancy is 1.5% in Granville and 2.1% in Catherine Field, so landlords in Granville face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Granville is the bigger suburb, with a population of 16,716 against 2,609, roughly 6 times the size of Catherine Field; a larger suburb usually means a deeper pool of buyers and tenants.

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