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Niagara Park vs Warabrook

Property investment comparison - Niagara Park, NSW 2250 vs Warabrook, NSW 2304

Head-to-head across core investment metrics: Niagara Park wins 0, Warabrook 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.

MetricNiagara ParkWarabrook
Median house price$970K$970K
Median unit price--
Gross rental yield (houses)3.79%3.80%
Gross rental yield (units)4.40%4.66%
1-year house growth+8.7%+10.0%
3-year house growth+18.3%+24.0%
Vacancy rate1.5%0.6%
Population2,7791,982

Niagara Park vs Warabrook: what the numbers say

Houses cost about the same in both suburbs: the median house price is $970K in Niagara Park and $970K in Warabrook.

Gross rental yield on houses is effectively level, at 3.79% in Niagara Park and 3.80% in Warabrook, so neither suburb has a cash flow edge on houses.

Over the past year house prices moved +8.7% in Niagara Park and +10.0% in Warabrook, so recent momentum favours Warabrook, although both suburbs recorded growth.

Looking back three years, Niagara Park houses are +18.3% and Warabrook houses +24.0%, so Warabrook has compounded faster than Niagara Park over the longer window.

Rental vacancy is 0.6% in Warabrook and 1.5% in Niagara Park, so landlords in Warabrook face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Niagara Park is the bigger suburb, with a population of 2,779 against 1,982, larger than Warabrook; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Warabrook for recent price momentum, Warabrook 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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