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Bonnells Bay vs Booragul

Property investment comparison - Bonnells Bay, NSW 2264 vs Booragul, NSW 2284

Head-to-head across core investment metrics: Bonnells Bay wins 0, Booragul wins 4. 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.

MetricBonnells BayBooragul
Median house price$920K$920K
Median unit price-$550K
Gross rental yield (houses)3.80%-
Gross rental yield (units)4.40%6.80%
1-year house growth+7.2%+13.1%
3-year house growth+14.6%+26.5%
Vacancy rate1.6%0.5%
Population4,0661,623

Bonnells Bay vs Booragul: what the numbers say

Houses cost about the same in both suburbs: the median house price is $920K in Bonnells Bay and $920K in Booragul.

Over the past year house prices moved +7.2% in Bonnells Bay and +13.1% in Booragul, so recent momentum favours Booragul, although both suburbs recorded growth.

Looking back three years, Bonnells Bay houses are +14.6% and Booragul houses +26.5%, so Booragul has compounded faster than Bonnells Bay over the longer window.

Rental vacancy is 0.5% in Booragul and 1.6% in Bonnells Bay, so landlords in Booragul face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Bonnells Bay is the bigger suburb, with a population of 4,066 against 1,623, roughly 2.5 times the size of Booragul; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Booragul for recent price momentum, Booragul 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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