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Croom vs Lake Haven

Property investment comparison - Croom, NSW 2527 vs Lake Haven, NSW 2263

Head-to-head across core investment metrics: Croom wins 2, Lake Haven wins 0. 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.

MetricCroomLake Haven
Median house price$865K$865K
Median unit price$725K-
Gross rental yield (houses)4.74%3.93%
Gross rental yield (units)5.61%-
1-year house growth-+8.4%
3-year house growth-+23.1%
Vacancy rate0.6%1.6%
Population1123,529

Croom vs Lake Haven: what the numbers say

Houses cost about the same in both suburbs: the median house price is $865K in Croom and $865K in Lake Haven.

On cash flow, Croom leads: houses there return a gross rental yield of 4.74%, compared with 3.93% in Lake Haven, a gap of 0.81 percentage points.

Rental vacancy is 0.6% in Croom and 1.6% in Lake Haven, so landlords in Croom face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Lake Haven is the bigger suburb, with a population of 3,529 against 112, roughly 32 times the size of Croom; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Croom for rental income, Croom 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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