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Hanwood vs West Bathurst

Property investment comparison - Hanwood, NSW 2680 vs West Bathurst, NSW 2795

Head-to-head across core investment metrics: Hanwood wins 1, West Bathurst 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.

MetricHanwoodWest Bathurst
Median house price$625K$625K
Median unit price$400K-
Gross rental yield (houses)3.86%4.64%
Gross rental yield (units)5.75%-
1-year house growth+0.5%estimate+9.7%
3-year house growth-+25.8%
Vacancy rate1.1%2.0%
Population1,3883,634

Hanwood vs West Bathurst: what the numbers say

Houses cost about the same in both suburbs: the median house price is $625K in Hanwood and $625K in West Bathurst.

On cash flow, West Bathurst leads: houses there return a gross rental yield of 4.64%, compared with 3.86% in Hanwood, a gap of 0.78 percentage points.

Over the past year house prices moved +0.5% in Hanwood (an estimate) and +9.7% in West Bathurst, so recent momentum favours West Bathurst, although both suburbs recorded growth.

Rental vacancy is 1.1% in Hanwood and 2.0% in West Bathurst, so landlords in Hanwood face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

West Bathurst is the bigger suburb, with a population of 3,634 against 1,388, roughly 2.6 times the size of Hanwood; a larger suburb usually means a deeper pool of buyers and tenants.

In short: West Bathurst for rental income, West Bathurst for recent price momentum, Hanwood 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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