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Normanhurst vs Wallarah

Property investment comparison - Normanhurst, NSW 2076 vs Wallarah, NSW 2259

Head-to-head across core investment metrics: Normanhurst wins 2, Wallarah wins 1. 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.

MetricNormanhurstWallarah
Median house price$1.9M$1.9M
Median unit price-$580K
Gross rental yield (houses)2.35%1.96%
Gross rental yield (units)3.17%5.04%
1-year house growth-4.7%-
3-year house growth+2.1%-
Vacancy rate0.7%1.1%
Population5,387344

Normanhurst vs Wallarah: what the numbers say

Houses cost about the same in both suburbs: the median house price is $1.9M in Normanhurst and $1.9M in Wallarah.

On cash flow, Normanhurst leads: houses there return a gross rental yield of 2.35%, compared with 1.96% in Wallarah, a gap of 0.39 percentage points.

Rental vacancy is 0.7% in Normanhurst and 1.1% in Wallarah, so landlords in Normanhurst face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Normanhurst is the bigger suburb, with a population of 5,387 against 344, roughly 16 times the size of Wallarah; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Normanhurst for rental income, Normanhurst 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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