Bywong vs Silverwater

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

For units, Bywong sits at a median of $635K against $710K in Silverwater, which makes Bywong the more affordable unit market and Silverwater the pricier one.

Over the past year house prices moved +5.1% in Bywong and +1.4% in Silverwater, so recent momentum favours Bywong, although both suburbs recorded growth.

Looking back three years, Bywong houses are +28.4% and Silverwater houses +4.1%, so Bywong has compounded faster than Silverwater over the longer window.

Rental vacancy is 0.5% in Silverwater and 1.3% in Bywong, so landlords in Silverwater face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Silverwater is the bigger suburb, with a population of 3,600 against 1,342, roughly 2.7 times the size of Bywong; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Bywong for a lower purchase price, Bywong for recent price momentum, Silverwater for the tighter rental market. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.