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Kogarah vs Normanhurst

Property investment comparison - Kogarah, NSW 2217 vs Normanhurst, NSW 2076

Head-to-head across core investment metrics: Kogarah wins 3, Normanhurst wins 1. 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.

MetricKogarahNormanhurst
Median house price$1.9M$1.9M
Median unit price$745K-
Gross rental yield (houses)2.46%2.35%
Gross rental yield (units)5.02%3.17%
1-year house growth+5.9%estimate-4.7%
3-year house growth-+2.1%
Vacancy rate0.8%0.7%
Population16,4165,387

Kogarah vs Normanhurst: what the numbers say

Houses cost about the same in both suburbs: the median house price is $1.9M in Kogarah and $1.9M in Normanhurst.

On cash flow, Kogarah leads: houses there return a gross rental yield of 2.46%, compared with 2.35% in Normanhurst, a gap of 0.11 percentage points.

Over the past year house prices moved +5.9% in Kogarah (an estimate) and -4.7% in Normanhurst, so recent momentum favours Kogarah, while Normanhurst went backwards.

Rental vacancy is 0.7% in Normanhurst and 0.8% in Kogarah, so landlords in Normanhurst face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Kogarah is the bigger suburb, with a population of 16,416 against 5,387, roughly 3.0 times the size of Normanhurst; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Kogarah for rental income, Kogarah for recent price momentum, Normanhurst 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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