Coolongolook vs Karuah
Property investment comparison - Coolongolook, NSW 2423 vs Karuah, NSW 2324
Head-to-head across core investment metrics: Coolongolook wins 0, Karuah 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.
| Metric | Coolongolook | Karuah |
|---|---|---|
| Median house price | $740K | $740K |
| Median unit price | $580K | - |
| Gross rental yield (houses) | 2.92% | 3.92% |
| Gross rental yield (units) | 1.88% | 3.96% |
| 1-year house growth | -8.4%estimate | +9.9% |
| 3-year house growth | - | +68.3% |
| Vacancy rate | 2.1% | 1.2% |
| Population | 382 | 1,618 |
Coolongolook vs Karuah: what the numbers say
Houses cost about the same in both suburbs: the median house price is $740K in Coolongolook and $740K in Karuah.
On cash flow, Karuah leads: houses there return a gross rental yield of 3.92%, compared with 2.92% in Coolongolook, a gap of 1.00 percentage points.
Over the past year house prices moved -8.4% in Coolongolook (an estimate) and +9.9% in Karuah, so recent momentum favours Karuah, while Coolongolook went backwards.
Rental vacancy is 1.2% in Karuah and 2.1% in Coolongolook, so landlords in Karuah face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.
Karuah is the bigger suburb, with a population of 1,618 against 382, roughly 4.2 times the size of Coolongolook; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Karuah for rental income, Karuah for recent price momentum, Karuah for the tighter rental market. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.
Keep exploring
- National investment guide - top suburbs across every metric
- Take the suburb finder quiz - 5 questions to match your goals
- How our investment score works
- Property investment glossary - every term defined
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