Kurri Kurri vs Woodberry

The median house price is $700K in Kurri Kurri and $710K in Woodberry, so Kurri Kurri is the cheaper entry point, with Woodberry houses about 1% dearer.

On cash flow, Woodberry leads: houses there return a gross rental yield of 4.40%, compared with 4.20% in Kurri Kurri, a gap of 0.20 percentage points.

Over the past year house prices moved +12.9% in Kurri Kurri and +15.7% in Woodberry, so recent momentum favours Woodberry, although both suburbs recorded growth.

Looking back three years, Kurri Kurri houses are +26.1% and Woodberry houses +37.3%, so Woodberry has compounded faster than Kurri Kurri over the longer window.

Rental vacancy is 1.5% in Kurri Kurri and 1.9% in Woodberry, so landlords in Kurri Kurri face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Kurri Kurri is the bigger suburb, with a population of 6,174 against 3,024, roughly 2.0 times the size of Woodberry; a larger suburb usually means a deeper pool of buyers and tenants.

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