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Cockatoo vs Fawkner

Property investment comparison - Cockatoo, VIC 3781 vs Fawkner, VIC 3060

Head-to-head across core investment metrics: Cockatoo wins 2, Fawkner 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.

MetricCockatooFawkner
Median house price$850K$850K
Median unit price$415K$650K
Gross rental yield (houses)-3.60%
Gross rental yield (units)3.58%-
1-year house growth+4.4%+6.8%estimate
3-year house growth+7.9%-
Vacancy rate0.8%1.0%
Population4,40814,274

Cockatoo vs Fawkner: what the numbers say

Houses cost about the same in both suburbs: the median house price is $850K in Cockatoo and $850K in Fawkner.

For units, Cockatoo sits at a median of $415K against $650K in Fawkner, which makes Cockatoo the more affordable unit market and Fawkner the pricier one.

Over the past year house prices moved +4.4% in Cockatoo and +6.8% in Fawkner (an estimate), so recent momentum favours Fawkner, although both suburbs recorded growth.

Rental vacancy is 0.8% in Cockatoo and 1.0% in Fawkner, so landlords in Cockatoo face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Fawkner is the bigger suburb, with a population of 14,274 against 4,408, roughly 3.2 times the size of Cockatoo; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Fawkner for recent price momentum, Cockatoo 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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