Cockburn Central vs Queens Park

Houses cost about the same in both suburbs: the median house price is $920K in Cockburn Central and $920K in Queens Park.

For units, Cockburn Central sits at a median of $595K against $640K in Queens Park, which makes Cockburn Central the more affordable unit market and Queens Park the pricier one.

Over the past year house prices moved +16.5% in Cockburn Central and +22.8% in Queens Park, so recent momentum favours Queens Park, although both suburbs recorded growth.

Looking back three years, Cockburn Central houses are +66.3% and Queens Park houses +75.4%, so Queens Park has compounded faster than Cockburn Central over the longer window.

Rental vacancy is 0.3% in Cockburn Central and 1.0% in Queens Park, so landlords in Cockburn Central face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Queens Park is the bigger suburb, with a population of 7,268 against 1,521, roughly 4.8 times the size of Cockburn Central; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Queens Park for recent price momentum, Cockburn Central for the tighter rental market. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.