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Bungowannah vs Westdale

Property investment comparison - Bungowannah, NSW 2640 vs Westdale, NSW 2340

Head-to-head across core investment metrics: Bungowannah wins 4, Westdale wins 1. 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.

MetricBungowannahWestdale
Median house price$645K$640K
Median unit price$380K$605K
Gross rental yield (houses)4.60%4.47%
Gross rental yield (units)5.67%4.24%
1-year house growth-+15.2%estimate
3-year house growth--
Vacancy rate1.8%2.3%
Population1752,963

Bungowannah vs Westdale: what the numbers say

The median house price is $645K in Bungowannah and $640K in Westdale, so Westdale is the cheaper entry point, with Bungowannah houses about 1% dearer.

For units, Bungowannah sits at a median of $380K against $605K in Westdale, which makes Bungowannah the more affordable unit market and Westdale the pricier one.

On cash flow, Bungowannah leads: houses there return a gross rental yield of 4.60%, compared with 4.47% in Westdale, a gap of 0.13 percentage points.

Rental vacancy is 1.8% in Bungowannah and 2.3% in Westdale, so landlords in Bungowannah face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Westdale is the bigger suburb, with a population of 2,963 against 175, roughly 17 times the size of Bungowannah; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Bungowannah for rental income, Westdale 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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