Curlewis vs Wellington

The median house price is $390K in Curlewis and $380K in Wellington, so Wellington is the cheaper entry point, with Curlewis houses about 3% dearer.

For units, Curlewis sits at a median of $610K against $425K in Wellington, which makes Wellington the more affordable unit market and Curlewis the pricier one.

Over the past year house prices moved +6.0% in Curlewis and +20.1% in Wellington, so recent momentum favours Wellington, although both suburbs recorded growth.

Looking back three years, Curlewis houses are +36.4% and Wellington houses +32.5%, so Curlewis has compounded faster than Wellington over the longer window.

Rental vacancy is 1.3% in Wellington and 4.3% in Curlewis, so landlords in Wellington face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Wellington is the bigger suburb, with a population of 4,096 against 779, roughly 5 times the size of Curlewis; a larger suburb usually means a deeper pool of buyers and tenants.

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