Cornubia vs Everton Hills

The median house price is $1.3M in Cornubia and $1.3M in Everton Hills, so Everton Hills is the cheaper entry point.

For units, Cornubia sits at a median of $750K against $950K in Everton Hills, which makes Cornubia the more affordable unit market and Everton Hills the pricier one.

On cash flow, Cornubia leads: houses there return a gross rental yield of 3.36%, compared with 3.18% in Everton Hills, a gap of 0.18 percentage points.

Over the past year house prices moved +13.0% in Cornubia and +16.6% in Everton Hills, so recent momentum favours Everton Hills, although both suburbs recorded growth.

Looking back three years, Cornubia houses are +41.3% and Everton Hills houses +46.6%, so Everton Hills has compounded faster than Cornubia over the longer window.

Rental vacancy is the same in both, at 1.2%.

Cornubia is the bigger suburb, with a population of 7,810 against 6,673, larger than Everton Hills; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Cornubia for rental income, Everton Hills for a lower purchase price, Everton Hills for recent price momentum. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.