Mooball vs Terrey Hills

The median house price is $2.3M in Mooball and $2.3M in Terrey Hills, so Mooball is the cheaper entry point, with Terrey Hills houses about 1% dearer.

For units, Mooball sits at a median of $880K against $2.4M in Terrey Hills, which makes Mooball the more affordable unit market and Terrey Hills the pricier one.

On cash flow, Terrey Hills leads: houses there return a gross rental yield of 3.14%, compared with 2.36% in Mooball, a gap of 0.78 percentage points.

Rental vacancy is 0.6% in Mooball and 0.7% in Terrey Hills, so landlords in Mooball face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Terrey Hills is the bigger suburb, with a population of 3,142 against 193, roughly 16 times the size of Mooball; a larger suburb usually means a deeper pool of buyers and tenants.

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