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Lenaghan vs Windellama

Property investment comparison - Lenaghan, NSW 2322 vs Windellama, NSW 2580

Head-to-head across core investment metrics: Lenaghan wins 3, Windellama wins 0. 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.

MetricLenaghanWindellama
Median house price$765K$765K
Median unit price$535K$560K
Gross rental yield (houses)4.93%3.84%
Gross rental yield (units)-4.28%
1-year house growth-+20.6%estimate
3-year house growth--
Vacancy rate2.6%6.1%
Population70417

Lenaghan vs Windellama: what the numbers say

Houses cost about the same in both suburbs: the median house price is $765K in Lenaghan and $765K in Windellama.

For units, Lenaghan sits at a median of $535K against $560K in Windellama, which makes Lenaghan the more affordable unit market and Windellama the pricier one.

On cash flow, Lenaghan leads: houses there return a gross rental yield of 4.93%, compared with 3.84% in Windellama, a gap of 1.09 percentage points.

Rental vacancy is 2.6% in Lenaghan and 6.1% in Windellama, so landlords in Lenaghan face less competition for tenants.

Windellama is the bigger suburb, with a population of 417 against 70, roughly 6 times the size of Lenaghan; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Lenaghan for rental income, Lenaghan 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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