Balgowlah Heights vs McLeods Shoot
Property investment comparison - Balgowlah Heights, NSW 2093 vs McLeods Shoot, NSW 2479
Head-to-head across core investment metrics: Balgowlah Heights wins 1, McLeods Shoot wins 2. 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 | Balgowlah Heights | McLeods Shoot |
|---|---|---|
| Median house price | $4.3M | $4.4M |
| Median unit price | - | $1.1M |
| Gross rental yield (houses) | 2.60% | - |
| Gross rental yield (units) | 1.60% | 3.15% |
| 1-year house growth | -5.6% | - |
| 3-year house growth | -0.7% | - |
| Vacancy rate | 1.9% | 1.9% |
| Population | 3,546 | 113 |
Balgowlah Heights vs McLeods Shoot: what the numbers say
The median house price is $4.3M in Balgowlah Heights and $4.4M in McLeods Shoot, so Balgowlah Heights is the cheaper entry point, with McLeods Shoot houses about 3% dearer.
Rental vacancy is 1.9% in McLeods Shoot and 1.9% in Balgowlah Heights, so landlords in McLeods Shoot face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.
Balgowlah Heights is the bigger suburb, with a population of 3,546 against 113, roughly 31 times the size of McLeods Shoot; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Balgowlah Heights for a lower purchase price, McLeods Shoot 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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Balgowlah Heights, NSW 2093
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