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Dapto vs Morpeth

Property investment comparison - Dapto, NSW 2530 vs Morpeth, NSW 2321

Head-to-head across core investment metrics: Dapto wins 3, Morpeth wins 2. 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.

MetricDaptoMorpeth
Median house price$870K$870K
Median unit price$705K$735K
Gross rental yield (houses)4.10%-
Gross rental yield (units)4.07%3.80%
1-year house growth+7.0%+6.0%
3-year house growth+19.1%+22.9%
Vacancy rate0.5%0.5%
Population10,9541,686

Dapto vs Morpeth: what the numbers say

Houses cost about the same in both suburbs: the median house price is $870K in Dapto and $870K in Morpeth.

For units, Dapto sits at a median of $705K against $735K in Morpeth, which makes Dapto the more affordable unit market and Morpeth the pricier one.

Over the past year house prices moved +7.0% in Dapto and +6.0% in Morpeth, so recent momentum favours Dapto, although both suburbs recorded growth.

Looking back three years, Dapto houses are +19.1% and Morpeth houses +22.9%, so Morpeth has compounded faster than Dapto over the longer window.

Rental vacancy is the same in both, at 0.5%.

Dapto is the bigger suburb, with a population of 10,954 against 1,686, roughly 6 times the size of Morpeth; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Dapto for recent price momentum. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.

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