Casuarina vs Lewisham
Property investment comparison - Casuarina, NSW 2487 vs Lewisham, NSW 2049
Head-to-head across core investment metrics: Casuarina wins 2, Lewisham wins 4. 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 | Casuarina | Lewisham |
|---|---|---|
| Median house price | $2.4M | $2.4M |
| Median unit price | $1.1M | $820K |
| Gross rental yield (houses) | 3.25% | - |
| Gross rental yield (units) | 4.02% | 4.59% |
| 1-year house growth | +9.3% | +8.0% |
| 3-year house growth | +13.6% | +17.4% |
| Vacancy rate | 3.5% | 1.9% |
| Population | 3,256 | 4,060 |
Casuarina vs Lewisham: what the numbers say
The median house price is $2.4M in Casuarina and $2.4M in Lewisham, so Casuarina is the cheaper entry point.
For units, Casuarina sits at a median of $1.1M against $820K in Lewisham, which makes Lewisham the more affordable unit market and Casuarina the pricier one.
Over the past year house prices moved +9.3% in Casuarina and +8.0% in Lewisham, so recent momentum favours Casuarina, although both suburbs recorded growth.
Looking back three years, Casuarina houses are +13.6% and Lewisham houses +17.4%, so Lewisham has compounded faster than Casuarina over the longer window.
Rental vacancy is 1.9% in Lewisham and 3.5% in Casuarina, so landlords in Lewisham face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.
Lewisham is the bigger suburb, with a population of 4,060 against 3,256, larger than Casuarina; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Casuarina for a lower purchase price, Casuarina for recent price momentum, Lewisham 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
Compare any 2-4 Australian suburbs
Build your own multi-suburb comparison with the full interactive tool.
Open interactive comparison