Crib Point vs Garfield

The median house price is $785K in Crib Point and $780K in Garfield, so Garfield is the cheaper entry point, with Crib Point houses about 1% dearer.

For units, Crib Point sits at a median of $620K against $575K in Garfield, which makes Garfield the more affordable unit market and Crib Point the pricier one.

On cash flow, Crib Point leads: houses there return a gross rental yield of 3.98%, compared with 3.90% in Garfield, a gap of 0.08 percentage points.

Over the past year house prices moved +4.5% in Crib Point (an estimate) and +2.5% in Garfield, so recent momentum favours Crib Point, although both suburbs recorded growth.

Rental vacancy is 1.1% in Garfield and 1.3% in Crib Point, so landlords in Garfield face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Crib Point is the bigger suburb, with a population of 3,343 against 2,114, larger than Garfield; a larger suburb usually means a deeper pool of buyers and tenants.

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