Lake Heights vs Varroville
Property investment comparison - Lake Heights, NSW 2502 vs Varroville, NSW 2566
Head-to-head across core investment metrics: Lake Heights wins 2, Varroville wins 2. 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 | Lake Heights | Varroville |
|---|---|---|
| Median house price | $925K | $930K |
| Median unit price | $790K | $660K |
| Gross rental yield (houses) | 3.84% | 3.62% |
| Gross rental yield (units) | - | 3.84% |
| 1-year house growth | +4.7% | - |
| 3-year house growth | +20.0% | - |
| Vacancy rate | 2.0% | 1.1% |
| Population | 4,105 | 134 |
Lake Heights vs Varroville: what the numbers say
The median house price is $925K in Lake Heights and $930K in Varroville, so Lake Heights is the cheaper entry point, with Varroville houses about 1% dearer.
For units, Lake Heights sits at a median of $790K against $660K in Varroville, which makes Varroville the more affordable unit market and Lake Heights the pricier one.
On cash flow, Lake Heights leads: houses there return a gross rental yield of 3.84%, compared with 3.62% in Varroville, a gap of 0.22 percentage points.
Rental vacancy is 1.1% in Varroville and 2.0% in Lake Heights, so landlords in Varroville face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.
Lake Heights is the bigger suburb, with a population of 4,105 against 134, roughly 31 times the size of Varroville; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Lake Heights for rental income, Lake Heights for a lower purchase price, Varroville 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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