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Coghills Creek vs Deer Park

Property investment comparison - Coghills Creek, VIC 3364 vs Deer Park, VIC 3023

Head-to-head across core investment metrics: Coghills Creek wins 2, Deer Park wins 0. 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.

MetricCoghills CreekDeer Park
Median house price$710K$710K
Median unit price-$570K
Gross rental yield (houses)4.04%3.75%
Gross rental yield (units)-4.36%
1-year house growth-+6.4%estimate
3-year house growth--
Vacancy rate1.6%1.6%
Population8018,145

Coghills Creek vs Deer Park: what the numbers say

Houses cost about the same in both suburbs: the median house price is $710K in Coghills Creek and $710K in Deer Park.

On cash flow, Coghills Creek leads: houses there return a gross rental yield of 4.04%, compared with 3.75% in Deer Park, a gap of 0.29 percentage points.

Rental vacancy is the same in both, at 1.6%.

Deer Park is the bigger suburb, with a population of 18,145 against 80, roughly 227 times the size of Coghills Creek; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Coghills Creek for rental income. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.

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