Kareela vs Peakhurst Heights
Property investment comparison - Kareela, NSW 2232 vs Peakhurst Heights, NSW 2210
Head-to-head across core investment metrics: Kareela wins 1, Peakhurst Heights wins 3. 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.
| Metric | Kareela | Peakhurst Heights |
|---|---|---|
| Median house price | $1.8M | $1.8M |
| Median unit price | $1.0M | $745K |
| Gross rental yield (houses) | 3.41% | - |
| Gross rental yield (units) | 3.29% | 5.34% |
| 1-year house growth | +5.1% | +2.4%estimate |
| 3-year house growth | +18.9% | - |
| Vacancy rate | 3.2% | 0.9% |
| Population | 3,572 | 2,524 |
Kareela vs Peakhurst Heights: what the numbers say
Houses cost about the same in both suburbs: the median house price is $1.8M in Kareela and $1.8M in Peakhurst Heights.
For units, Kareela sits at a median of $1.0M against $745K in Peakhurst Heights, which makes Peakhurst Heights the more affordable unit market and Kareela the pricier one.
Over the past year house prices moved +5.1% in Kareela and +2.4% in Peakhurst Heights (an estimate), so recent momentum favours Kareela, although both suburbs recorded growth.
Rental vacancy is 0.9% in Peakhurst Heights and 3.2% in Kareela, so landlords in Peakhurst Heights face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.
Kareela is the bigger suburb, with a population of 3,572 against 2,524, larger than Peakhurst Heights; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Kareela for recent price momentum, Peakhurst Heights 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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Peakhurst Heights, NSW 2210
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