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Bywong vs Narwee

Property investment comparison - Bywong, NSW 2621 vs Narwee, NSW 2209

Head-to-head across core investment metrics: Bywong wins 3, Narwee 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.

MetricBywongNarwee
Median house price$1.7M$1.6M
Median unit price$635K-
Gross rental yield (houses)2.73%-
Gross rental yield (units)4.61%4.60%
1-year house growth+5.1%+2.8%
3-year house growth+28.4%+19.7%
Vacancy rate1.3%0.7%
Population1,3425,411

Bywong vs Narwee: what the numbers say

The median house price is $1.7M in Bywong and $1.6M in Narwee, so Narwee is the cheaper entry point.

Over the past year house prices moved +5.1% in Bywong and +2.8% in Narwee, so recent momentum favours Bywong, although both suburbs recorded growth.

Looking back three years, Bywong houses are +28.4% and Narwee houses +19.7%, so Bywong has compounded faster than Narwee over the longer window.

Rental vacancy is 0.7% in Narwee and 1.3% in Bywong, so landlords in Narwee face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Narwee is the bigger suburb, with a population of 5,411 against 1,342, roughly 4.0 times the size of Bywong; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Narwee for a lower purchase price, Bywong for recent price momentum, Narwee 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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