Booker Bay vs Narwee
Property investment comparison - Booker Bay, NSW 2257 vs Narwee, NSW 2209
Head-to-head across core investment metrics: Booker Bay wins 2, Narwee 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.
| Metric | Booker Bay | Narwee |
|---|---|---|
| Median house price | $1.6M | $1.6M |
| Median unit price | $1.2M | - |
| Gross rental yield (houses) | 2.47% | - |
| Gross rental yield (units) | 2.82% | 4.60% |
| 1-year house growth | +9.3% | +2.8% |
| 3-year house growth | +12.6% | +19.7% |
| Vacancy rate | 0.3% | 0.7% |
| Population | 1,442 | 5,411 |
Booker Bay vs Narwee: what the numbers say
Houses cost about the same in both suburbs: the median house price is $1.6M in Booker Bay and $1.6M in Narwee.
Over the past year house prices moved +9.3% in Booker Bay and +2.8% in Narwee, so recent momentum favours Booker Bay, although both suburbs recorded growth.
Looking back three years, Booker Bay houses are +12.6% and Narwee houses +19.7%, so Narwee has compounded faster than Booker Bay over the longer window.
Rental vacancy is 0.3% in Booker Bay and 0.7% in Narwee, so landlords in Booker Bay face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.
Narwee is the bigger suburb, with a population of 5,411 against 1,442, roughly 3.8 times the size of Booker Bay; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Booker Bay for recent price momentum, Booker Bay for the tighter rental market. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.
Keep exploring
- National investment guide - top suburbs across every metric
- Take the suburb finder quiz - 5 questions to match your goals
- How our investment score works
- Property investment glossary - every term defined
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