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Catherine Hill Bay vs Narwee

Property investment comparison - Catherine Hill Bay, NSW 2281 vs Narwee, NSW 2209

Head-to-head across core investment metrics: Catherine Hill Bay wins 1, Narwee 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.

MetricCatherine Hill BayNarwee
Median house price$1.7M$1.6M
Median unit price$640K-
Gross rental yield (houses)3.30%-
Gross rental yield (units)4.27%4.60%
1-year house growth+17.4%+2.8%
3-year house growth+12.5%+19.7%
Vacancy rate3.4%0.7%
Population9435,411

Catherine Hill Bay vs Narwee: what the numbers say

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

Over the past year house prices moved +17.4% in Catherine Hill Bay and +2.8% in Narwee, so recent momentum favours Catherine Hill Bay, although both suburbs recorded growth.

Looking back three years, Catherine Hill Bay houses are +12.5% and Narwee houses +19.7%, so Narwee has compounded faster than Catherine Hill Bay over the longer window.

Rental vacancy is 0.7% in Narwee and 3.4% in Catherine Hill Bay, 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 943, roughly 6 times the size of Catherine Hill Bay; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Narwee for a lower purchase price, Catherine Hill Bay 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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