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Cosgrove vs Leneva

Property investment comparison - Cosgrove, VIC 3631 vs Leneva, VIC 3691

Head-to-head across core investment metrics: Cosgrove wins 1, Leneva wins 0. 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.

MetricCosgroveLeneva
Median house price$740K$740K
Median unit price-$555K
Gross rental yield (houses)-4.50%
Gross rental yield (units)-2.96%
1-year house growth-+12.7%estimate
3-year house growth--
Vacancy rate1.4%4.6%
Population501,317

Cosgrove vs Leneva: what the numbers say

Houses cost about the same in both suburbs: the median house price is $740K in Cosgrove and $740K in Leneva.

Rental vacancy is 1.4% in Cosgrove and 4.6% in Leneva, so landlords in Cosgrove face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Leneva is the bigger suburb, with a population of 1,317 against 50, roughly 26 times the size of Cosgrove; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Cosgrove for the tighter rental market. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.

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