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Bilambil Heights vs Freemans Reach

Property investment comparison - Bilambil Heights, NSW 2486 vs Freemans Reach, NSW 2756

Head-to-head across core investment metrics: Bilambil Heights wins 4, Freemans Reach wins 0. 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.

MetricBilambil HeightsFreemans Reach
Median house price$1.2M$1.2M
Median unit price-$760K
Gross rental yield (houses)4.07%3.55%
Gross rental yield (units)-4.46%
1-year house growth+10.1%+6.6%
3-year house growth+29.6%+19.3%
Vacancy rate2.1%2.7%
Population3,4912,049

Bilambil Heights vs Freemans Reach: what the numbers say

Houses cost about the same in both suburbs: the median house price is $1.2M in Bilambil Heights and $1.2M in Freemans Reach.

On cash flow, Bilambil Heights leads: houses there return a gross rental yield of 4.07%, compared with 3.55% in Freemans Reach, a gap of 0.52 percentage points.

Over the past year house prices moved +10.1% in Bilambil Heights and +6.6% in Freemans Reach, so recent momentum favours Bilambil Heights, although both suburbs recorded growth.

Looking back three years, Bilambil Heights houses are +29.6% and Freemans Reach houses +19.3%, so Bilambil Heights has compounded faster than Freemans Reach over the longer window.

Rental vacancy is 2.1% in Bilambil Heights and 2.7% in Freemans Reach, so landlords in Bilambil Heights face less competition for tenants.

Bilambil Heights is the bigger suburb, with a population of 3,491 against 2,049, larger than Freemans Reach; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Bilambil Heights for rental income, Bilambil Heights for recent price momentum, Bilambil 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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