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Bourkelands vs Pelaw Main

Property investment comparison - Bourkelands, NSW 2650 vs Pelaw Main, NSW 2327

Head-to-head across core investment metrics: Bourkelands wins 2, Pelaw Main 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.

MetricBourkelandsPelaw Main
Median house price$780K$780K
Median unit price--
Gross rental yield (houses)4.20%3.47%
Gross rental yield (units)4.60%4.48%
1-year house growth+8.6%+15.3%estimate
3-year house growth+16.7%-
Vacancy rate0.9%0.6%
Population3,1131,080

Bourkelands vs Pelaw Main: what the numbers say

Houses cost about the same in both suburbs: the median house price is $780K in Bourkelands and $780K in Pelaw Main.

On cash flow, Bourkelands leads: houses there return a gross rental yield of 4.20%, compared with 3.47% in Pelaw Main, a gap of 0.73 percentage points.

Over the past year house prices moved +8.6% in Bourkelands and +15.3% in Pelaw Main (an estimate), so recent momentum favours Pelaw Main, although both suburbs recorded growth.

Rental vacancy is 0.6% in Pelaw Main and 0.9% in Bourkelands, so landlords in Pelaw Main face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Bourkelands is the bigger suburb, with a population of 3,113 against 1,080, roughly 2.9 times the size of Pelaw Main; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Bourkelands for rental income, Pelaw Main for recent price momentum, Pelaw Main 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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