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Coghills Creek vs North Geelong

Property investment comparison - Coghills Creek, VIC 3364 vs North Geelong, VIC 3215

Head-to-head across core investment metrics: Coghills Creek wins 1, North Geelong 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.

MetricCoghills CreekNorth Geelong
Median house price$710K$710K
Median unit price-$490K
Gross rental yield (houses)4.04%3.70%
Gross rental yield (units)--
1-year house growth-+12.3%estimate
3-year house growth--
Vacancy rate1.6%1.1%
Population803,225

Coghills Creek vs North Geelong: what the numbers say

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

On cash flow, Coghills Creek leads: houses there return a gross rental yield of 4.04%, compared with 3.70% in North Geelong, a gap of 0.34 percentage points.

Rental vacancy is 1.1% in North Geelong and 1.6% in Coghills Creek, so landlords in North Geelong face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

North Geelong is the bigger suburb, with a population of 3,225 against 80, roughly 40 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, North Geelong 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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