Gaven vs Worongary

The median house price is $1.6M in Gaven and $1.6M in Worongary, so Worongary is the cheaper entry point, with Gaven houses about 1% dearer.

For units, Gaven sits at a median of $895K against $2.0M in Worongary, which makes Gaven the more affordable unit market and Worongary the pricier one.

Over the past year house prices moved +4.3% in Gaven and +12.1% in Worongary, so recent momentum favours Worongary, although both suburbs recorded growth.

Looking back three years, Gaven houses are +32.0% and Worongary houses +24.7%, so Gaven has compounded faster than Worongary over the longer window.

Rental vacancy is 0.8% in Worongary and 1.1% in Gaven, so landlords in Worongary face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Worongary is the bigger suburb, with a population of 6,021 against 1,638, roughly 3.7 times the size of Gaven; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Worongary for a lower purchase price, Worongary for recent price momentum, Worongary for the tighter rental market. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.