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Cosgrove vs St Leonards

Property investment comparison - Cosgrove, VIC 3631 vs St Leonards, VIC 3223

Head-to-head across core investment metrics: Cosgrove wins 0, St Leonards 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.

MetricCosgroveSt Leonards
Median house price$740K$740K
Median unit price-$490K
Gross rental yield (houses)-3.78%
Gross rental yield (units)-5.12%
1-year house growth-+2.5%
3-year house growth--3.0%
Vacancy rate1.4%1.2%
Population503,542

Cosgrove vs St Leonards: what the numbers say

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

Rental vacancy is 1.2% in St Leonards and 1.4% in Cosgrove, so landlords in St Leonards face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

St Leonards is the bigger suburb, with a population of 3,542 against 50, roughly 71 times the size of Cosgrove; a larger suburb usually means a deeper pool of buyers and tenants.

In short: St Leonards 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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