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Grenfell vs Narrandera

Property investment comparison - Grenfell, NSW 2810 vs Narrandera, NSW 2700

Head-to-head across core investment metrics: Grenfell wins 1, Narrandera wins 2. 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.

MetricGrenfellNarrandera
Median house price$405K$410K
Median unit price--
Gross rental yield (houses)5.21%5.33%
Gross rental yield (units)2.89%5.00%
1-year house growth-+10.2%
3-year house growth--
Vacancy rate-2.1%
Population2,6004,369

Grenfell vs Narrandera: what the numbers say

The median house price is $405K in Grenfell and $410K in Narrandera, so Grenfell is the cheaper entry point, with Narrandera houses about 1% dearer.

On cash flow, Narrandera leads: houses there return a gross rental yield of 5.33%, compared with 5.21% in Grenfell, a gap of 0.12 percentage points.

Narrandera is the bigger suburb, with a population of 4,369 against 2,600, larger than Grenfell; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Narrandera for rental income, Grenfell for a lower purchase price. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.

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