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Bolwarra vs Warnervale

Property investment comparison - Bolwarra, NSW 2320 vs Warnervale, NSW 2259

Head-to-head across core investment metrics: Bolwarra wins 3, Warnervale 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.

MetricBolwarraWarnervale
Median house price$955K$960K
Median unit price-$800K
Gross rental yield (houses)3.76%4.26%
Gross rental yield (units)3.44%4.35%
1-year house growth+2.6%estimate-4.3%
3-year house growth-+8.9%
Vacancy rate1.1%3.6%
Population1,350701

Bolwarra vs Warnervale: what the numbers say

The median house price is $955K in Bolwarra and $960K in Warnervale, so Bolwarra is the cheaper entry point, with Warnervale houses about 1% dearer.

On cash flow, Warnervale leads: houses there return a gross rental yield of 4.26%, compared with 3.76% in Bolwarra, a gap of 0.50 percentage points.

Over the past year house prices moved +2.6% in Bolwarra (an estimate) and -4.3% in Warnervale, so recent momentum favours Bolwarra, while Warnervale went backwards.

Rental vacancy is 1.1% in Bolwarra and 3.6% in Warnervale, so landlords in Bolwarra face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Bolwarra is the bigger suburb, with a population of 1,350 against 701, larger than Warnervale; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Warnervale for rental income, Bolwarra for a lower purchase price, Bolwarra 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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