Hurstville Grove vs Lewisham
Property investment comparison - Hurstville Grove, NSW 2220 vs Lewisham, NSW 2049
Head-to-head across core investment metrics: Hurstville Grove wins 2, Lewisham wins 3. 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 | Hurstville Grove | Lewisham |
|---|---|---|
| Median house price | $2.4M | $2.4M |
| Median unit price | - | $820K |
| Gross rental yield (houses) | 2.23% | - |
| Gross rental yield (units) | 3.08% | 4.59% |
| 1-year house growth | -4.1% | +8.0% |
| 3-year house growth | -1.9% | +17.4% |
| Vacancy rate | 1.4% | 1.9% |
| Population | 2,606 | 4,060 |
Hurstville Grove vs Lewisham: what the numbers say
The median house price is $2.4M in Hurstville Grove and $2.4M in Lewisham, so Hurstville Grove is the cheaper entry point.
Over the past year house prices moved -4.1% in Hurstville Grove and +8.0% in Lewisham, so recent momentum favours Lewisham, while Hurstville Grove went backwards.
Looking back three years, Hurstville Grove houses are -1.9% and Lewisham houses +17.4%, so Lewisham has compounded faster than Hurstville Grove over the longer window.
Rental vacancy is 1.4% in Hurstville Grove and 1.9% in Lewisham, so landlords in Hurstville Grove face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.
Lewisham is the bigger suburb, with a population of 4,060 against 2,606, larger than Hurstville Grove; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Hurstville Grove for a lower purchase price, Lewisham for recent price momentum, Hurstville Grove 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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Hurstville Grove, NSW 2220
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