Morpeth vs Wooli
Property investment comparison - Morpeth, NSW 2321 vs Wooli, NSW 2462
Head-to-head across core investment metrics: Morpeth wins 2, Wooli 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 | Morpeth | Wooli |
|---|---|---|
| Median house price | $870K | $870K |
| Median unit price | $735K | - |
| Gross rental yield (houses) | - | 3.24% |
| Gross rental yield (units) | 3.80% | 5.33% |
| 1-year house growth | +6.0% | +8.5% |
| 3-year house growth | +22.9% | -3.6% |
| Vacancy rate | 0.5% | 2.4% |
| Population | 1,686 | 503 |
Morpeth vs Wooli: what the numbers say
Houses cost about the same in both suburbs: the median house price is $870K in Morpeth and $870K in Wooli.
Over the past year house prices moved +6.0% in Morpeth and +8.5% in Wooli, so recent momentum favours Wooli, although both suburbs recorded growth.
Looking back three years, Morpeth houses are +22.9% and Wooli houses -3.6%, so Morpeth has compounded faster than Wooli over the longer window.
Rental vacancy is 0.5% in Morpeth and 2.4% in Wooli, so landlords in Morpeth face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.
Morpeth is the bigger suburb, with a population of 1,686 against 503, roughly 3.4 times the size of Wooli; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Wooli for recent price momentum, Morpeth 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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