Greta vs Windermere Park
Property investment comparison - Greta, NSW 2334 vs Windermere Park, NSW 2264
Head-to-head across core investment metrics: Greta wins 3, Windermere Park 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.
| Metric | Greta | Windermere Park |
|---|---|---|
| Median house price | $840K | $840K |
| Median unit price | - | $590K |
| Gross rental yield (houses) | 4.04% | 3.82% |
| Gross rental yield (units) | 4.90% | 5.37% |
| 1-year house growth | +20.6% | +11.2% |
| 3-year house growth | +30.3% | +17.7% |
| Vacancy rate | 3.2% | 2.4% |
| Population | 3,349 | 722 |
Greta vs Windermere Park: what the numbers say
Houses cost about the same in both suburbs: the median house price is $840K in Greta and $840K in Windermere Park.
On cash flow, Greta leads: houses there return a gross rental yield of 4.04%, compared with 3.82% in Windermere Park, a gap of 0.22 percentage points.
Over the past year house prices moved +20.6% in Greta and +11.2% in Windermere Park, so recent momentum favours Greta, although both suburbs recorded growth.
Looking back three years, Greta houses are +30.3% and Windermere Park houses +17.7%, so Greta has compounded faster than Windermere Park over the longer window.
Rental vacancy is 2.4% in Windermere Park and 3.2% in Greta, so landlords in Windermere Park face less competition for tenants.
Greta is the bigger suburb, with a population of 3,349 against 722, roughly 4.6 times the size of Windermere Park; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Greta for rental income, Greta for recent price momentum, Windermere Park 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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Windermere Park, NSW 2264
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