Cooroy vs Oaky Creek
Property investment comparison - Cooroy, QLD 4563 vs Oaky Creek, QLD 4285
Head-to-head across core investment metrics: Cooroy wins 1, Oaky Creek wins 1. 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 | Cooroy | Oaky Creek |
|---|---|---|
| Median house price | $1.2M | $1.2M |
| Median unit price | $860K | - |
| Gross rental yield (houses) | 3.48% | 2.67% |
| Gross rental yield (units) | 4.24% | - |
| 1-year house growth | +13.4%estimate | - |
| 3-year house growth | - | - |
| Vacancy rate | 1.0% | 0.8% |
| Population | 4,801 | 96 |
Cooroy vs Oaky Creek: what the numbers say
Houses cost about the same in both suburbs: the median house price is $1.2M in Cooroy and $1.2M in Oaky Creek.
On cash flow, Cooroy leads: houses there return a gross rental yield of 3.48%, compared with 2.67% in Oaky Creek, a gap of 0.81 percentage points.
Rental vacancy is 0.8% in Oaky Creek and 1.0% in Cooroy, so landlords in Oaky Creek face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.
Cooroy is the bigger suburb, with a population of 4,801 against 96, roughly 50 times the size of Oaky Creek; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Cooroy for rental income, Oaky Creek 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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