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Boorooma vs South Murwillumbah

Property investment comparison - Boorooma, NSW 2650 vs South Murwillumbah, NSW 2484

Head-to-head across core investment metrics: Boorooma wins 2, South Murwillumbah 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.

MetricBooroomaSouth Murwillumbah
Median house price$850K$850K
Median unit price--
Gross rental yield (houses)-4.65%
Gross rental yield (units)5.37%4.05%
1-year house growth+13.0%+5.3%
3-year house growth+12.1%+27.1%
Vacancy rate1.0%0.5%
Population1,7411,064

Boorooma vs South Murwillumbah: what the numbers say

Houses cost about the same in both suburbs: the median house price is $850K in Boorooma and $850K in South Murwillumbah.

Over the past year house prices moved +13.0% in Boorooma and +5.3% in South Murwillumbah, so recent momentum favours Boorooma, although both suburbs recorded growth.

Looking back three years, Boorooma houses are +12.1% and South Murwillumbah houses +27.1%, so South Murwillumbah has compounded faster than Boorooma over the longer window.

Rental vacancy is 0.5% in South Murwillumbah and 1.0% in Boorooma, so landlords in South Murwillumbah face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Boorooma is the bigger suburb, with a population of 1,741 against 1,064, larger than South Murwillumbah; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Boorooma for recent price momentum, South Murwillumbah 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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