Burwood vs Castlereagh
Property investment comparison - Burwood, NSW 2134 vs Castlereagh, NSW 2749
Head-to-head across core investment metrics: Burwood wins 4, Castlereagh 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.
| Metric | Burwood | Castlereagh |
|---|---|---|
| Median house price | $3.1M | $3.1M |
| Median unit price | $900K | $715K |
| Gross rental yield (houses) | 1.69% | 1.60% |
| Gross rental yield (units) | 4.74% | 4.17% |
| 1-year house growth | +1.2%estimate | - |
| 3-year house growth | - | - |
| Vacancy rate | 1.5% | 2.5% |
| Population | 18,224 | 1,248 |
Burwood vs Castlereagh: what the numbers say
The median house price is $3.1M in Burwood and $3.1M in Castlereagh, so Burwood is the cheaper entry point.
For units, Burwood sits at a median of $900K against $715K in Castlereagh, which makes Castlereagh the more affordable unit market and Burwood the pricier one.
On cash flow, Burwood leads: houses there return a gross rental yield of 1.69%, compared with 1.60% in Castlereagh, a gap of 0.09 percentage points.
Rental vacancy is 1.5% in Burwood and 2.5% in Castlereagh, so landlords in Burwood face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.
Burwood is the bigger suburb, with a population of 18,224 against 1,248, roughly 15 times the size of Castlereagh; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Burwood for rental income, Burwood for a lower purchase price, Burwood for the tighter rental market. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.
Keep exploring
- National investment guide - top suburbs across every metric
- Take the suburb finder quiz - 5 questions to match your goals
- How our investment score works
- Property investment glossary - every term defined
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