Catherine Hill Bay vs Condell Park

The median house price is $1.7M in Catherine Hill Bay and $1.7M in Condell Park, so Catherine Hill Bay is the cheaper entry point.

For units, Catherine Hill Bay sits at a median of $640K against $990K in Condell Park, which makes Catherine Hill Bay the more affordable unit market and Condell Park the pricier one.

On cash flow, Catherine Hill Bay leads: houses there return a gross rental yield of 3.30%, compared with 2.80% in Condell Park, a gap of 0.50 percentage points.

Over the past year house prices moved +17.4% in Catherine Hill Bay and +8.1% in Condell Park, so recent momentum favours Catherine Hill Bay, although both suburbs recorded growth.

Looking back three years, Catherine Hill Bay houses are +12.5% and Condell Park houses +28.9%, so Condell Park has compounded faster than Catherine Hill Bay over the longer window.

Rental vacancy is 1.4% in Condell Park and 3.4% in Catherine Hill Bay, so landlords in Condell Park face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Condell Park is the bigger suburb, with a population of 13,066 against 943, roughly 14 times the size of Catherine Hill Bay; a larger suburb usually means a deeper pool of buyers and tenants.

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