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Lugarno vs Wamberal

Property investment comparison - Lugarno, NSW 2210 vs Wamberal, NSW 2260

Head-to-head across core investment metrics: Lugarno wins 1, Wamberal 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.

MetricLugarnoWamberal
Median house price$1.8M$1.8M
Median unit price-$1.3M
Gross rental yield (houses)-2.60%
Gross rental yield (units)2.11%3.05%
1-year house growth+3.0%estimate+10.2%
3-year house growth-+7.7%
Vacancy rate1.9%2.6%
Population5,8696,991

Lugarno vs Wamberal: what the numbers say

The median house price is $1.8M in Lugarno and $1.8M in Wamberal, so Wamberal is the cheaper entry point, with Lugarno houses about 1% dearer.

Over the past year house prices moved +3.0% in Lugarno (an estimate) and +10.2% in Wamberal, so recent momentum favours Wamberal, although both suburbs recorded growth.

Rental vacancy is 1.9% in Lugarno and 2.6% in Wamberal, so landlords in Lugarno face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Wamberal is the bigger suburb, with a population of 6,991 against 5,869, larger than Lugarno; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Wamberal for a lower purchase price, Wamberal for recent price momentum, Lugarno 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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