Kingswood vs Woy Woy

Houses cost about the same in both suburbs: the median house price is $1.1M in Kingswood and $1.1M in Woy Woy.

For units, Kingswood sits at a median of $630K against $810K in Woy Woy, which makes Kingswood the more affordable unit market and Woy Woy the pricier one.

On cash flow, Woy Woy leads: houses there return a gross rental yield of 3.05%, compared with 2.71% in Kingswood, a gap of 0.34 percentage points.

Over the past year house prices moved +11.1% in Kingswood (an estimate) and +7.7% in Woy Woy, so recent momentum favours Kingswood, although both suburbs recorded growth.

Rental vacancy is 1.2% in Kingswood and 1.4% in Woy Woy, so landlords in Kingswood face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Woy Woy is the bigger suburb, with a population of 11,072 against 10,633, larger than Kingswood; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Woy Woy for rental income, Kingswood for recent price momentum, Kingswood for the tighter rental market. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.