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Bundanoon vs Corlette

Property investment comparison - Bundanoon, NSW 2578 vs Corlette, NSW 2315

Head-to-head across core investment metrics: Bundanoon wins 2, Corlette 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.

MetricBundanoonCorlette
Median house price$1.2M$1.2M
Median unit price--
Gross rental yield (houses)3.10%3.35%
Gross rental yield (units)3.66%-
1-year house growth+11.6%+4.8%
3-year house growth+11.3%+3.8%
Vacancy rate3.5%1.4%
Population2,8695,699

Bundanoon vs Corlette: what the numbers say

Houses cost about the same in both suburbs: the median house price is $1.2M in Bundanoon and $1.2M in Corlette.

On cash flow, Corlette leads: houses there return a gross rental yield of 3.35%, compared with 3.10% in Bundanoon, a gap of 0.25 percentage points.

Over the past year house prices moved +11.6% in Bundanoon and +4.8% in Corlette, so recent momentum favours Bundanoon, although both suburbs recorded growth.

Looking back three years, Bundanoon houses are +11.3% and Corlette houses +3.8%, so Bundanoon has compounded faster than Corlette over the longer window.

Rental vacancy is 1.4% in Corlette and 3.5% in Bundanoon, so landlords in Corlette face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Corlette is the bigger suburb, with a population of 5,699 against 2,869, larger than Bundanoon; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Corlette for rental income, Bundanoon for recent price momentum, Corlette 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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Bundanoon vs Corlette: Property Investment Comparison (2026)