Nana Glen vs Warilla

Houses cost about the same in both suburbs: the median house price is $900K in Nana Glen and $900K in Warilla.

For units, Nana Glen sits at a median of $565K against $765K in Warilla, which makes Nana Glen the more affordable unit market and Warilla the pricier one.

On cash flow, Warilla leads: houses there return a gross rental yield of 3.95%, compared with 3.67% in Nana Glen, a gap of 0.28 percentage points.

Over the past year house prices moved +13.9% in Nana Glen (an estimate) and +8.1% in Warilla, so recent momentum favours Nana Glen, although both suburbs recorded growth.

Rental vacancy is 0.6% in Warilla and 1.6% in Nana Glen, so landlords in Warilla face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Warilla is the bigger suburb, with a population of 6,226 against 1,132, roughly 6 times the size of Nana Glen; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Warilla for rental income, Nana Glen for recent price momentum, Warilla for the tighter rental market. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.