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Boambee vs Lapstone

Property investment comparison - Boambee, NSW 2450 vs Lapstone, NSW 2773

Head-to-head across core investment metrics: Boambee wins 2, Lapstone 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.

MetricBoambeeLapstone
Median house price$1.4M$1.4M
Median unit price$480K$940K
Gross rental yield (houses)-2.84%
Gross rental yield (units)6.35%2.24%
1-year house growth+9.4%estimate+14.3%estimate
3-year house growth--
Vacancy rate2.7%2.4%
Population1,770948

Boambee vs Lapstone: what the numbers say

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

For units, Boambee sits at a median of $480K against $940K in Lapstone, which makes Boambee the more affordable unit market and Lapstone the pricier one.

Over the past year house prices moved +9.4% in Boambee (an estimate) and +14.3% in Lapstone (an estimate), so recent momentum favours Lapstone, although both suburbs recorded growth.

Rental vacancy is 2.4% in Lapstone and 2.7% in Boambee, so landlords in Lapstone face less competition for tenants.

Boambee is the bigger suburb, with a population of 1,770 against 948, larger than Lapstone; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Lapstone for recent price momentum, Lapstone 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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