Nambucca Heads vs Windradyne

The median house price is $735K in Nambucca Heads and $730K in Windradyne, so Windradyne is the cheaper entry point, with Nambucca Heads houses about 1% dearer.

Gross rental yield on houses is effectively level, at 4.45% in Nambucca Heads and 4.40% in Windradyne, so neither suburb has a cash flow edge on houses.

Over the past year house prices moved +5.0% in Nambucca Heads and +8.1% in Windradyne, so recent momentum favours Windradyne, although both suburbs recorded growth.

Looking back three years, Nambucca Heads houses are +18.6% and Windradyne houses +25.8%, so Windradyne has compounded faster than Nambucca Heads over the longer window.

Rental vacancy is 0.8% in Nambucca Heads and 1.9% in Windradyne, so landlords in Nambucca Heads face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Nambucca Heads is the bigger suburb, with a population of 6,675 against 3,309, roughly 2.0 times the size of Windradyne; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Windradyne for a lower purchase price, Windradyne for recent price momentum, Nambucca Heads for the tighter rental market. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.