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Norah Head vs Yarrawarrah

Property investment comparison - Norah Head, NSW 2263 vs Yarrawarrah, NSW 2233

Head-to-head across core investment metrics: Norah Head wins 1, Yarrawarrah wins 3. 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.

MetricNorah HeadYarrawarrah
Median house price$1.6M$1.6M
Median unit price$1.2M-
Gross rental yield (houses)2.50%3.17%
Gross rental yield (units)2.18%2.79%
1-year house growth+3.2%estimate+4.5%
3-year house growth-+5.5%
Vacancy rate0.3%2.1%
Population1,1492,775

Norah Head vs Yarrawarrah: what the numbers say

Houses cost about the same in both suburbs: the median house price is $1.6M in Norah Head and $1.6M in Yarrawarrah.

On cash flow, Yarrawarrah leads: houses there return a gross rental yield of 3.17%, compared with 2.50% in Norah Head, a gap of 0.67 percentage points.

Over the past year house prices moved +3.2% in Norah Head (an estimate) and +4.5% in Yarrawarrah, so recent momentum favours Yarrawarrah, although both suburbs recorded growth.

Rental vacancy is 0.3% in Norah Head and 2.1% in Yarrawarrah, so landlords in Norah Head face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Yarrawarrah is the bigger suburb, with a population of 2,775 against 1,149, roughly 2.4 times the size of Norah Head; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Yarrawarrah for rental income, Yarrawarrah for recent price momentum, Norah Head 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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