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Balgownie vs Cabramatta

Property investment comparison - Balgownie, NSW 2519 vs Cabramatta, NSW 2166

Head-to-head across core investment metrics: Balgownie wins 2, Cabramatta 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.

MetricBalgownieCabramatta
Median house price$1.4M$1.4M
Median unit price$940K$505K
Gross rental yield (houses)3.21%-
Gross rental yield (units)4.25%4.99%
1-year house growth+6.9%+2.1%
3-year house growth+17.7%+23.4%
Vacancy rate0.8%1.1%
Population5,72221,142

Balgownie vs Cabramatta: what the numbers say

Houses cost about the same in both suburbs: the median house price is $1.4M in Balgownie and $1.4M in Cabramatta.

For units, Balgownie sits at a median of $940K against $505K in Cabramatta, which makes Cabramatta the more affordable unit market and Balgownie the pricier one.

Over the past year house prices moved +6.9% in Balgownie and +2.1% in Cabramatta, so recent momentum favours Balgownie, although both suburbs recorded growth.

Looking back three years, Balgownie houses are +17.7% and Cabramatta houses +23.4%, so Cabramatta has compounded faster than Balgownie over the longer window.

Rental vacancy is 0.8% in Balgownie and 1.1% in Cabramatta, so landlords in Balgownie face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Cabramatta is the bigger suburb, with a population of 21,142 against 5,722, roughly 3.7 times the size of Balgownie; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Balgownie for recent price momentum, Balgownie 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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