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Cockatoo vs Werribee South

Property investment comparison - Cockatoo, VIC 3781 vs Werribee South, VIC 3030

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

MetricCockatooWerribee South
Median house price$850K$850K
Median unit price$415K$410K
Gross rental yield (houses)-3.52%
Gross rental yield (units)3.58%-
1-year house growth+4.4%-6.6%estimate
3-year house growth+7.9%-
Vacancy rate0.8%1.6%
Population4,4082,392

Cockatoo vs Werribee South: what the numbers say

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

For units, Cockatoo sits at a median of $415K against $410K in Werribee South, which makes Werribee South the more affordable unit market and Cockatoo the pricier one.

Over the past year house prices moved +4.4% in Cockatoo and -6.6% in Werribee South (an estimate), so recent momentum favours Cockatoo, while Werribee South went backwards.

Rental vacancy is 0.8% in Cockatoo and 1.6% in Werribee South, so landlords in Cockatoo face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Cockatoo is the bigger suburb, with a population of 4,408 against 2,392, larger than Werribee South; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Cockatoo 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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Cockatoo vs Werribee South: Suburb Comparison 2026