Jesmond vs Wardell
Property investment comparison - Jesmond, NSW 2299 vs Wardell, NSW 2477
Head-to-head across core investment metrics: Jesmond wins 1, Wardell 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 | Jesmond | Wardell |
|---|---|---|
| Median house price | $860K | $860K |
| Median unit price | $665K | - |
| Gross rental yield (houses) | 3.81% | 4.32% |
| Gross rental yield (units) | 5.06% | 5.68% |
| 1-year house growth | +8.6% | +5.8%estimate |
| 3-year house growth | +26.6% | - |
| Vacancy rate | 2.1% | 0.6% |
| Population | 3,210 | 830 |
Jesmond vs Wardell: what the numbers say
Houses cost about the same in both suburbs: the median house price is $860K in Jesmond and $860K in Wardell.
On cash flow, Wardell leads: houses there return a gross rental yield of 4.32%, compared with 3.81% in Jesmond, a gap of 0.51 percentage points.
Over the past year house prices moved +8.6% in Jesmond and +5.8% in Wardell (an estimate), so recent momentum favours Jesmond, although both suburbs recorded growth.
Rental vacancy is 0.6% in Wardell and 2.1% in Jesmond, so landlords in Wardell face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.
Jesmond is the bigger suburb, with a population of 3,210 against 830, roughly 3.9 times the size of Wardell; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Wardell for rental income, Jesmond for recent price momentum, Wardell 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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