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Narraweena vs Wedderburn

Property investment comparison - Narraweena, NSW 2099 vs Wedderburn, NSW 2560

Head-to-head across core investment metrics: Narraweena wins 2, Wedderburn 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.

MetricNarraweenaWedderburn
Median house price$2.5M$2.5M
Median unit price-$525K
Gross rental yield (houses)2.54%1.56%
Gross rental yield (units)3.86%4.91%
1-year house growth+3.2%estimate-
3-year house growth--
Vacancy rate0.8%7.7%
Population6,971665

Narraweena vs Wedderburn: what the numbers say

The median house price is $2.5M in Narraweena and $2.5M in Wedderburn, so Wedderburn is the cheaper entry point.

On cash flow, Narraweena leads: houses there return a gross rental yield of 2.54%, compared with 1.56% in Wedderburn, a gap of 0.98 percentage points.

Rental vacancy is 0.8% in Narraweena and 7.7% in Wedderburn, so landlords in Narraweena face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Narraweena is the bigger suburb, with a population of 6,971 against 665, roughly 10 times the size of Wedderburn; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Narraweena for rental income, Wedderburn for a lower purchase price, Narraweena 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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