Cooks Hill vs Dundas

The median house price is $1.8M in Cooks Hill and $1.8M in Dundas, so Dundas is the cheaper entry point, with Cooks Hill houses about 1% dearer.

For units, Cooks Hill sits at a median of $930K against $680K in Dundas, which makes Dundas the more affordable unit market and Cooks Hill the pricier one.

On cash flow, Dundas leads: houses there return a gross rental yield of 2.43%, compared with 2.23% in Cooks Hill, a gap of 0.20 percentage points.

Over the past year house prices moved +6.5% in Cooks Hill (an estimate) and -2.1% in Dundas (an estimate), so recent momentum favours Cooks Hill, while Dundas went backwards.

Rental vacancy is 1.3% in Dundas and 1.6% in Cooks Hill, so landlords in Dundas face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Dundas is the bigger suburb, with a population of 4,959 against 3,774, larger than Cooks Hill; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Dundas for rental income, Dundas for a lower purchase price, Cooks Hill for recent price momentum, Dundas for the tighter rental market. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.