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Booker Bay vs Woronora

Property investment comparison - Booker Bay, NSW 2257 vs Woronora, NSW 2232

Head-to-head across core investment metrics: Booker Bay wins 3, Woronora 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.

MetricBooker BayWoronora
Median house price$1.6M$1.6M
Median unit price$1.2M-
Gross rental yield (houses)2.47%3.26%
Gross rental yield (units)2.82%2.81%
1-year house growth+9.3%-0.1%estimate
3-year house growth+12.6%-
Vacancy rate0.3%1.3%
Population1,4422,043

Booker Bay vs Woronora: what the numbers say

The median house price is $1.6M in Booker Bay and $1.6M in Woronora, so Woronora is the cheaper entry point, with Booker Bay houses about 1% dearer.

On cash flow, Woronora leads: houses there return a gross rental yield of 3.26%, compared with 2.47% in Booker Bay, a gap of 0.79 percentage points.

Over the past year house prices moved +9.3% in Booker Bay and -0.1% in Woronora (an estimate), so recent momentum favours Booker Bay, while Woronora went backwards.

Rental vacancy is 0.3% in Booker Bay and 1.3% in Woronora, 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.

Woronora is the bigger suburb, with a population of 2,043 against 1,442, larger than Booker Bay; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Woronora for rental income, Woronora for a lower purchase price, 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.

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