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Dunedoo vs Narrandera

Property investment comparison - Dunedoo, NSW 2844 vs Narrandera, NSW 2700

Head-to-head across core investment metrics: Dunedoo wins 3, Narrandera wins 1. 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.

MetricDunedooNarrandera
Median house price$405K$410K
Median unit price$180K-
Gross rental yield (houses)6.42%5.33%
Gross rental yield (units)-5.00%
1-year house growth+11.7%estimate+10.2%
3-year house growth--
Vacancy rate5.0%2.1%
Population1,0974,369

Dunedoo vs Narrandera: what the numbers say

The median house price is $405K in Dunedoo and $410K in Narrandera, so Dunedoo is the cheaper entry point, with Narrandera houses about 1% dearer.

On cash flow, Dunedoo leads: houses there return a gross rental yield of 6.42%, compared with 5.33% in Narrandera, a gap of 1.09 percentage points.

Over the past year house prices moved +11.7% in Dunedoo (an estimate) and +10.2% in Narrandera, so recent momentum favours Dunedoo, although both suburbs recorded growth.

Rental vacancy is 2.1% in Narrandera and 5.0% in Dunedoo, so landlords in Narrandera face less competition for tenants.

Narrandera is the bigger suburb, with a population of 4,369 against 1,097, roughly 4.0 times the size of Dunedoo; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Dunedoo for rental income, Dunedoo for a lower purchase price, Dunedoo for recent price momentum, Narrandera 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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