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Fennell Bay vs Morpeth

Property investment comparison - Fennell Bay, NSW 2283 vs Morpeth, NSW 2321

Head-to-head across core investment metrics: Fennell Bay wins 2, Morpeth 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.

MetricFennell BayMorpeth
Median house price$870K$870K
Median unit price-$735K
Gross rental yield (houses)3.89%-
Gross rental yield (units)5.14%3.80%
1-year house growth+11.4%estimate+6.0%
3-year house growth-+22.9%
Vacancy rate1.1%0.5%
Population1,7801,686

Fennell Bay vs Morpeth: what the numbers say

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

Over the past year house prices moved +11.4% in Fennell Bay (an estimate) and +6.0% in Morpeth, so recent momentum favours Fennell Bay, although both suburbs recorded growth.

Rental vacancy is 0.5% in Morpeth and 1.1% in Fennell Bay, so landlords in Morpeth face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Fennell Bay is the bigger suburb, with a population of 1,780 against 1,686, larger than Morpeth; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Fennell Bay for recent price momentum, Morpeth 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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