New Lambton Heights vs Renwick
Property investment comparison - New Lambton Heights, NSW 2305 vs Renwick, NSW 2575
Head-to-head across core investment metrics: New Lambton Heights wins 2, Renwick 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 | New Lambton Heights | Renwick |
|---|---|---|
| Median house price | $1.3M | $1.3M |
| Median unit price | - | $685K |
| Gross rental yield (houses) | 3.76% | - |
| Gross rental yield (units) | 3.75% | 3.88% |
| 1-year house growth | +8.9% | -0.7% |
| 3-year house growth | +31.2% | +5.1% |
| Vacancy rate | 2.3% | 0.9% |
| Population | 2,610 | 1,453 |
New Lambton Heights vs Renwick: what the numbers say
Houses cost about the same in both suburbs: the median house price is $1.3M in New Lambton Heights and $1.3M in Renwick.
Over the past year house prices moved +8.9% in New Lambton Heights and -0.7% in Renwick, so recent momentum favours New Lambton Heights, while Renwick went backwards.
Looking back three years, New Lambton Heights houses are +31.2% and Renwick houses +5.1%, so New Lambton Heights has compounded faster than Renwick over the longer window.
Rental vacancy is 0.9% in Renwick and 2.3% in New Lambton Heights, so landlords in Renwick face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.
New Lambton Heights is the bigger suburb, with a population of 2,610 against 1,453, larger than Renwick; a larger suburb usually means a deeper pool of buyers and tenants.
In short: New Lambton Heights for recent price momentum, Renwick 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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New Lambton Heights, NSW 2305
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