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Bolwarra vs Waratah West

Property investment comparison - Bolwarra, NSW 2320 vs Waratah West, NSW 2298

Head-to-head across core investment metrics: Bolwarra wins 2, Waratah West 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.

MetricBolwarraWaratah West
Median house price$955K$955K
Median unit price-$720K
Gross rental yield (houses)3.76%3.70%
Gross rental yield (units)3.44%4.30%
1-year house growth+2.6%estimate+10.4%
3-year house growth-+23.9%
Vacancy rate1.1%2.0%
Population1,3503,142

Bolwarra vs Waratah West: what the numbers say

Houses cost about the same in both suburbs: the median house price is $955K in Bolwarra and $955K in Waratah West.

On cash flow, Bolwarra leads: houses there return a gross rental yield of 3.76%, compared with 3.70% in Waratah West, a gap of 0.06 percentage points.

Over the past year house prices moved +2.6% in Bolwarra (an estimate) and +10.4% in Waratah West, so recent momentum favours Waratah West, although both suburbs recorded growth.

Rental vacancy is 1.1% in Bolwarra and 2.0% in Waratah West, so landlords in Bolwarra face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Waratah West is the bigger suburb, with a population of 3,142 against 1,350, roughly 2.3 times the size of Bolwarra; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Bolwarra for rental income, Waratah West for recent price momentum, Bolwarra 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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Bolwarra vs Waratah West: Suburb Comparison 2026