Lilyfield vs Woolooware
Property investment comparison - Lilyfield, NSW 2040 vs Woolooware, NSW 2230
Head-to-head across core investment metrics: Lilyfield wins 2, Woolooware 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 | Lilyfield | Woolooware |
|---|---|---|
| Median house price | $2.6M | $2.6M |
| Median unit price | $1.5M | $995K |
| Gross rental yield (houses) | - | 3.10% |
| Gross rental yield (units) | 2.34% | 3.92% |
| 1-year house growth | +7.9% | +6.3%estimate |
| 3-year house growth | +0.4% | - |
| Vacancy rate | 1.6% | 2.4% |
| Population | 7,641 | 5,060 |
Lilyfield vs Woolooware: what the numbers say
The median house price is $2.6M in Lilyfield and $2.6M in Woolooware, so Woolooware is the cheaper entry point, with Lilyfield houses about 1% dearer.
For units, Lilyfield sits at a median of $1.5M against $995K in Woolooware, which makes Woolooware the more affordable unit market and Lilyfield the pricier one.
Over the past year house prices moved +7.9% in Lilyfield and +6.3% in Woolooware (an estimate), so recent momentum favours Lilyfield, although both suburbs recorded growth.
Rental vacancy is 1.6% in Lilyfield and 2.4% in Woolooware, so landlords in Lilyfield face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.
Lilyfield is the bigger suburb, with a population of 7,641 against 5,060, larger than Woolooware; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Woolooware for a lower purchase price, Lilyfield for recent price momentum, Lilyfield 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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