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Bilambil Heights vs Jerrabomberra

Property investment comparison - Bilambil Heights, NSW 2486 vs Jerrabomberra, NSW 2619

Head-to-head across core investment metrics: Bilambil Heights wins 2, Jerrabomberra wins 1. 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 HeightsJerrabomberra
Median house price$1.2M$1.2M
Median unit price-$750K
Gross rental yield (houses)4.07%-
Gross rental yield (units)-4.92%
1-year house growth+10.1%+2.1%
3-year house growth+29.6%+10.7%
Vacancy rate2.1%1.8%
Population3,4919,601

Bilambil Heights vs Jerrabomberra: 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 Jerrabomberra.

Over the past year house prices moved +10.1% in Bilambil Heights and +2.1% in Jerrabomberra, so recent momentum favours Bilambil Heights, although both suburbs recorded growth.

Looking back three years, Bilambil Heights houses are +29.6% and Jerrabomberra houses +10.7%, so Bilambil Heights has compounded faster than Jerrabomberra over the longer window.

Rental vacancy is 1.8% in Jerrabomberra and 2.1% in Bilambil Heights, so landlords in Jerrabomberra face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Jerrabomberra is the bigger suburb, with a population of 9,601 against 3,491, roughly 2.8 times the size of Bilambil Heights; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Bilambil Heights for recent price momentum, Jerrabomberra 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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