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Bungowannah vs West Albury

Property investment comparison - Bungowannah, NSW 2640 vs West Albury, NSW 2640

Head-to-head across core investment metrics: Bungowannah wins 5, West Albury wins 0. 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.

MetricBungowannahWest Albury
Median house price$645K$655K
Median unit price$380K$450K
Gross rental yield (houses)4.60%4.08%
Gross rental yield (units)5.67%4.97%
1-year house growth-+12.6%
3-year house growth-+20.4%
Vacancy rate1.8%2.0%
Population1753,872

Bungowannah vs West Albury: what the numbers say

The median house price is $645K in Bungowannah and $655K in West Albury, so Bungowannah is the cheaper entry point, with West Albury houses about 2% dearer.

For units, Bungowannah sits at a median of $380K against $450K in West Albury, which makes Bungowannah the more affordable unit market and West Albury the pricier one.

On cash flow, Bungowannah leads: houses there return a gross rental yield of 4.60%, compared with 4.08% in West Albury, a gap of 0.52 percentage points.

Rental vacancy is 1.8% in Bungowannah and 2.0% in West Albury, so landlords in Bungowannah face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

West Albury is the bigger suburb, with a population of 3,872 against 175, roughly 22 times the size of Bungowannah; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Bungowannah for rental income, Bungowannah for a lower purchase price, Bungowannah 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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