Corrimal vs Davistown

The median house price is $1.3M in Corrimal and $1.3M in Davistown, so Corrimal is the cheaper entry point.

On cash flow, Corrimal leads: houses there return a gross rental yield of 3.30%, compared with 2.99% in Davistown, a gap of 0.31 percentage points.

Over the past year house prices moved +7.6% in Corrimal and +5.3% in Davistown, so recent momentum favours Corrimal, although both suburbs recorded growth.

Looking back three years, Corrimal houses are +19.2% and Davistown houses +29.7%, so Davistown has compounded faster than Corrimal over the longer window.

Rental vacancy is 0.4% in Davistown and 0.7% in Corrimal, so landlords in Davistown face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Corrimal is the bigger suburb, with a population of 6,972 against 2,602, roughly 2.7 times the size of Davistown; a larger suburb usually means a deeper pool of buyers and tenants.

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