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Belmont North vs Woongarrah

Property investment comparison - Belmont North, NSW 2280 vs Woongarrah, NSW 2259

Head-to-head across core investment metrics: Belmont North wins 2, Woongarrah 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.

MetricBelmont NorthWoongarrah
Median house price$1.1M$1.1M
Median unit price-$585K
Gross rental yield (houses)-4.00%
Gross rental yield (units)4.40%4.62%
1-year house growth+10.2%+9.8%
3-year house growth+30.7%+16.1%
Vacancy rate1.9%1.7%
Population6,2915,962

Belmont North vs Woongarrah: what the numbers say

Houses cost about the same in both suburbs: the median house price is $1.1M in Belmont North and $1.1M in Woongarrah.

Over the past year house prices moved +10.2% in Belmont North and +9.8% in Woongarrah, so recent momentum favours Belmont North, although both suburbs recorded growth.

Looking back three years, Belmont North houses are +30.7% and Woongarrah houses +16.1%, so Belmont North has compounded faster than Woongarrah over the longer window.

Rental vacancy is 1.7% in Woongarrah and 1.9% in Belmont North, so landlords in Woongarrah face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Belmont North is the bigger suburb, with a population of 6,291 against 5,962, larger than Woongarrah; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Belmont North for recent price momentum, Woongarrah 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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