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Hawks Nest vs Lurnea

Property investment comparison - Hawks Nest, NSW 2324 vs Lurnea, NSW 2170

Head-to-head across core investment metrics: Hawks Nest wins 0, Lurnea 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.

MetricHawks NestLurnea
Median house price$1.2M$1.2M
Median unit price-$750K
Gross rental yield (houses)2.69%3.02%
Gross rental yield (units)3.88%-
1-year house growth-+10.6%estimate
3-year house growth+34.5%-
Vacancy rate1.2%0.8%
Population1,41310,057

Hawks Nest vs Lurnea: what the numbers say

Houses cost about the same in both suburbs: the median house price is $1.2M in Hawks Nest and $1.2M in Lurnea.

On cash flow, Lurnea leads: houses there return a gross rental yield of 3.02%, compared with 2.69% in Hawks Nest, a gap of 0.33 percentage points.

Rental vacancy is 0.8% in Lurnea and 1.2% in Hawks Nest, so landlords in Lurnea face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Lurnea is the bigger suburb, with a population of 10,057 against 1,413, roughly 7 times the size of Hawks Nest; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Lurnea for rental income, Lurnea 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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