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Narellan vs Teralba

Property investment comparison - Narellan, NSW 2567 vs Teralba, NSW 2284

Head-to-head across core investment metrics: Narellan wins 0, Teralba wins 5. 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.

MetricNarellanTeralba
Median house price$1.1M$1.1M
Median unit price$770K-
Gross rental yield (houses)3.21%-
Gross rental yield (units)4.14%4.94%
1-year house growth+6.9%+19.9%
3-year house growth+12.9%+32.8%
Vacancy rate2.4%2.0%
Population3,3582,654

Narellan vs Teralba: what the numbers say

The median house price is $1.1M in Narellan and $1.1M in Teralba, so Teralba is the cheaper entry point.

Over the past year house prices moved +6.9% in Narellan and +19.9% in Teralba, so recent momentum favours Teralba, although both suburbs recorded growth.

Looking back three years, Narellan houses are +12.9% and Teralba houses +32.8%, so Teralba has compounded faster than Narellan over the longer window.

Rental vacancy is 2.0% in Teralba and 2.4% in Narellan, so landlords in Teralba face less competition for tenants.

Narellan is the bigger suburb, with a population of 3,358 against 2,654, larger than Teralba; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Teralba for a lower purchase price, Teralba for recent price momentum, Teralba 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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