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Evans Head vs Murrumbateman

Property investment comparison - Evans Head, NSW 2473 vs Murrumbateman, NSW 2582

Head-to-head across core investment metrics: Evans Head wins 2, Murrumbateman 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.

MetricEvans HeadMurrumbateman
Median house price$1.3M$1.3M
Median unit price$770K-
Gross rental yield (houses)2.93%-
Gross rental yield (units)3.64%4.63%
1-year house growth+10.4%estimate+5.6%
3-year house growth-+10.8%
Vacancy rate0.1%2.8%
Population2,9073,607

Evans Head vs Murrumbateman: what the numbers say

Houses cost about the same in both suburbs: the median house price is $1.3M in Evans Head and $1.3M in Murrumbateman.

Over the past year house prices moved +10.4% in Evans Head (an estimate) and +5.6% in Murrumbateman, so recent momentum favours Evans Head, although both suburbs recorded growth.

Rental vacancy is 0.1% in Evans Head and 2.8% in Murrumbateman, so landlords in Evans Head face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Murrumbateman is the bigger suburb, with a population of 3,607 against 2,907, larger than Evans Head; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Evans Head for recent price momentum, Evans Head 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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