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Dunedoo vs South Lismore

Property investment comparison - Dunedoo, NSW 2844 vs South Lismore, NSW 2480

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

MetricDunedooSouth Lismore
Median house price$390K$405K
Median unit price$180K-
Gross rental yield (houses)6.50%6.80%
Gross rental yield (units)-5.01%
1-year house growth+10.0%estimate+16.7%
3-year house growth-+61.5%
Vacancy rate4.5%0.6%
Population1,0971,775

Dunedoo vs South Lismore: what the numbers say

The median house price is $390K in Dunedoo and $405K in South Lismore, so Dunedoo is the cheaper entry point, with South Lismore houses about 4% dearer.

On cash flow, South Lismore leads: houses there return a gross rental yield of 6.80%, compared with 6.50% in Dunedoo, a gap of 0.30 percentage points.

Over the past year house prices moved +10.0% in Dunedoo (an estimate) and +16.7% in South Lismore, so recent momentum favours South Lismore, although both suburbs recorded growth.

Rental vacancy is 0.6% in South Lismore and 4.5% in Dunedoo, so landlords in South Lismore face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

South Lismore is the bigger suburb, with a population of 1,775 against 1,097, larger than Dunedoo; a larger suburb usually means a deeper pool of buyers and tenants.

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