Hexham vs Koonawarra
Property investment comparison - Hexham, NSW 2322 vs Koonawarra, NSW 2530
Head-to-head across core investment metrics: Hexham wins 1, Koonawarra 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 | Hexham | Koonawarra |
|---|---|---|
| Median house price | $835K | $835K |
| Median unit price | $530K | - |
| Gross rental yield (houses) | 2.76% | 4.18% |
| Gross rental yield (units) | 6.24% | 4.46% |
| 1-year house growth | - | +8.4% |
| 3-year house growth | - | +20.2% |
| Vacancy rate | 1.6% | 0.5% |
| Population | 157 | 3,732 |
Hexham vs Koonawarra: what the numbers say
Houses cost about the same in both suburbs: the median house price is $835K in Hexham and $835K in Koonawarra.
On cash flow, Koonawarra leads: houses there return a gross rental yield of 4.18%, compared with 2.76% in Hexham, a gap of 1.42 percentage points.
Rental vacancy is 0.5% in Koonawarra and 1.6% in Hexham, so landlords in Koonawarra face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.
Koonawarra is the bigger suburb, with a population of 3,732 against 157, roughly 24 times the size of Hexham; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Koonawarra for rental income, Koonawarra 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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