Cooroibah vs Kenmore Hills

Houses cost about the same in both suburbs: the median house price is $1.6M in Cooroibah and $1.6M in Kenmore Hills.

On cash flow, Cooroibah leads: houses there return a gross rental yield of 3.32%, compared with 3.21% in Kenmore Hills, a gap of 0.11 percentage points.

Over the past year house prices moved +9.2% in Cooroibah and +4.1% in Kenmore Hills, so recent momentum favours Cooroibah, although both suburbs recorded growth.

Looking back three years, Cooroibah houses are +15.2% and Kenmore Hills houses +16.8%, so Kenmore Hills has compounded faster than Cooroibah over the longer window.

Rental vacancy is 1.6% in Kenmore Hills and 2.3% in Cooroibah, so landlords in Kenmore Hills face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Kenmore Hills is the bigger suburb, with a population of 2,448 against 2,178, larger than Cooroibah; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Cooroibah for rental income, Cooroibah for recent price momentum, Kenmore Hills for the tighter rental market. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.