Gerroa vs Parma
Property investment comparison - Gerroa, NSW 2534 vs Parma, NSW 2540
Head-to-head across core investment metrics: Gerroa wins 4, Parma 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.
| Metric | Gerroa | Parma |
|---|---|---|
| Median house price | $2.1M | $2.1M |
| Median unit price | $450K | $625K |
| Gross rental yield (houses) | 1.93% | 1.48% |
| Gross rental yield (units) | 6.82% | 4.64% |
| 1-year house growth | +2.1% | - |
| 3-year house growth | -19.8% | - |
| Vacancy rate | 2.0% | 2.3% |
| Population | 571 | 167 |
Gerroa vs Parma: what the numbers say
Houses cost about the same in both suburbs: the median house price is $2.1M in Gerroa and $2.1M in Parma.
For units, Gerroa sits at a median of $450K against $625K in Parma, which makes Gerroa the more affordable unit market and Parma the pricier one.
On cash flow, Gerroa leads: houses there return a gross rental yield of 1.93%, compared with 1.48% in Parma, a gap of 0.45 percentage points.
Rental vacancy is 2.0% in Gerroa and 2.3% in Parma, so landlords in Gerroa face less competition for tenants.
Gerroa is the bigger suburb, with a population of 571 against 167, roughly 3.4 times the size of Parma; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Gerroa for rental income, Gerroa for the tighter rental market. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.
Keep exploring
- National investment guide - top suburbs across every metric
- Take the suburb finder quiz - 5 questions to match your goals
- How our investment score works
- Property investment glossary - every term defined
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