Lilyfield vs Monterey
Property investment comparison - Lilyfield, NSW 2040 vs Monterey, NSW 2217
Head-to-head across core investment metrics: Lilyfield wins 2, Monterey 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 | Lilyfield | Monterey |
|---|---|---|
| Median house price | $2.6M | $2.6M |
| Median unit price | $1.5M | $930K |
| Gross rental yield (houses) | - | 2.40% |
| Gross rental yield (units) | 2.34% | 3.88% |
| 1-year house growth | +7.9% | +1.2%estimate |
| 3-year house growth | +0.4% | - |
| Vacancy rate | 1.6% | 1.6% |
| Population | 7,641 | 4,619 |
Lilyfield vs Monterey: what the numbers say
Houses cost about the same in both suburbs: the median house price is $2.6M in Lilyfield and $2.6M in Monterey.
For units, Lilyfield sits at a median of $1.5M against $930K in Monterey, which makes Monterey the more affordable unit market and Lilyfield the pricier one.
Over the past year house prices moved +7.9% in Lilyfield and +1.2% in Monterey (an estimate), so recent momentum favours Lilyfield, although both suburbs recorded growth.
Rental vacancy is the same in both, at 1.6%.
Lilyfield is the bigger suburb, with a population of 7,641 against 4,619, larger than Monterey; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Lilyfield for recent price momentum. 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
Compare any 2-4 Australian suburbs
Build your own multi-suburb comparison with the full interactive tool.
Open interactive comparison