Lake Wyangan vs New Berrima
Property investment comparison - Lake Wyangan, NSW 2680 vs New Berrima, NSW 2577
Head-to-head across core investment metrics: Lake Wyangan wins 2, New Berrima 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 | Lake Wyangan | New Berrima |
|---|---|---|
| Median house price | $830K | $830K |
| Median unit price | $395K | $650K |
| Gross rental yield (houses) | 3.18% | 3.67% |
| Gross rental yield (units) | 5.18% | 5.61% |
| 1-year house growth | -7.8%estimate | +4.7% |
| 3-year house growth | - | +21.0% |
| Vacancy rate | 0.9% | 2.4% |
| Population | 877 | 598 |
Lake Wyangan vs New Berrima: what the numbers say
Houses cost about the same in both suburbs: the median house price is $830K in Lake Wyangan and $830K in New Berrima.
For units, Lake Wyangan sits at a median of $395K against $650K in New Berrima, which makes Lake Wyangan the more affordable unit market and New Berrima the pricier one.
On cash flow, New Berrima leads: houses there return a gross rental yield of 3.67%, compared with 3.18% in Lake Wyangan, a gap of 0.49 percentage points.
Over the past year house prices moved -7.8% in Lake Wyangan (an estimate) and +4.7% in New Berrima, so recent momentum favours New Berrima, while Lake Wyangan went backwards.
Rental vacancy is 0.9% in Lake Wyangan and 2.4% in New Berrima, so landlords in Lake Wyangan face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.
Lake Wyangan is the bigger suburb, with a population of 877 against 598, larger than New Berrima; a larger suburb usually means a deeper pool of buyers and tenants.
In short: New Berrima for rental income, New Berrima for recent price momentum, Lake Wyangan 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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