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Bombala vs Urbenville

Property investment comparison - Bombala, NSW 2632 vs Urbenville, NSW 2475

Head-to-head across core investment metrics: Bombala wins 2, Urbenville 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.

MetricBombalaUrbenville
Median house price$410K$410K
Median unit price$2.2M$255K
Gross rental yield (houses)4.84%3.35%
Gross rental yield (units)-3.38%
1-year house growth+9.0%estimate-
3-year house growth--
Vacancy rate0.5%1.9%
Population1,372331

Bombala vs Urbenville: what the numbers say

Houses cost about the same in both suburbs: the median house price is $410K in Bombala and $410K in Urbenville.

For units, Bombala sits at a median of $2.2M against $255K in Urbenville, which makes Urbenville the more affordable unit market and Bombala the pricier one.

On cash flow, Bombala leads: houses there return a gross rental yield of 4.84%, compared with 3.35% in Urbenville, a gap of 1.49 percentage points.

Rental vacancy is 0.5% in Bombala and 1.9% in Urbenville, so landlords in Bombala face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Bombala is the bigger suburb, with a population of 1,372 against 331, roughly 4.1 times the size of Urbenville; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Bombala for rental income, Bombala 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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