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Cook vs Crace

Property investment comparison - Cook, ACT 2614 vs Crace, ACT 2911

Head-to-head across core investment metrics: Cook wins 1, Crace wins 4. 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.

MetricCookCrace
Median house price$1.1M$1.1M
Median unit price-$435K
Gross rental yield (houses)3.22%-
Gross rental yield (units)4.10%6.62%
1-year house growth-2.7%-2.3%
3-year house growth+17.7%+29.2%
Vacancy rate0.8%1.4%
Population2,9654,800

Cook vs Crace: what the numbers say

The median house price is $1.1M in Cook and $1.1M in Crace, so Crace is the cheaper entry point, with Cook houses about 2% dearer.

Over the past year house prices moved -2.7% in Cook and -2.3% in Crace, so recent momentum favours Crace, while Cook went backwards.

Looking back three years, Cook houses are +17.7% and Crace houses +29.2%, so Crace has compounded faster than Cook over the longer window.

Rental vacancy is 0.8% in Cook and 1.4% in Crace, so landlords in Cook face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Crace is the bigger suburb, with a population of 4,800 against 2,965, larger than Cook; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Crace for a lower purchase price, Crace for recent price momentum, Cook 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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