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Freemans Waterhole vs Windradyne

Property investment comparison - Freemans Waterhole, NSW 2323 vs Windradyne, NSW 2795

Head-to-head across core investment metrics: Freemans Waterhole wins 4, Windradyne wins 0. 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.

MetricFreemans WaterholeWindradyne
Median house price$725K$730K
Median unit price$535K-
Gross rental yield (houses)4.72%4.40%
Gross rental yield (units)5.53%5.40%
1-year house growth-+8.1%
3-year house growth-+25.8%
Vacancy rate0.6%1.9%
Population1203,309

Freemans Waterhole vs Windradyne: what the numbers say

The median house price is $725K in Freemans Waterhole and $730K in Windradyne, so Freemans Waterhole is the cheaper entry point, with Windradyne houses about 1% dearer.

On cash flow, Freemans Waterhole leads: houses there return a gross rental yield of 4.72%, compared with 4.40% in Windradyne, a gap of 0.32 percentage points.

Rental vacancy is 0.6% in Freemans Waterhole and 1.9% in Windradyne, so landlords in Freemans Waterhole face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Windradyne is the bigger suburb, with a population of 3,309 against 120, roughly 28 times the size of Freemans Waterhole; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Freemans Waterhole for rental income, Freemans Waterhole for a lower purchase price, Freemans Waterhole 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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