Cooks Hill vs Peakhurst Heights

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

For units, Cooks Hill sits at a median of $930K against $745K in Peakhurst Heights, which makes Peakhurst Heights the more affordable unit market and Cooks Hill the pricier one.

Over the past year house prices moved +6.5% in Cooks Hill (an estimate) and +2.4% in Peakhurst Heights (an estimate), so recent momentum favours Cooks Hill, although both suburbs recorded growth.

Rental vacancy is 0.9% in Peakhurst Heights and 1.6% in Cooks Hill, so landlords in Peakhurst Heights face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Cooks Hill is the bigger suburb, with a population of 3,774 against 2,524, larger than Peakhurst Heights; a larger suburb usually means a deeper pool of buyers and tenants.

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