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Palm Beach vs Waverton

Property investment comparison - Palm Beach, NSW 2108 vs Waverton, NSW 2060

Head-to-head across core investment metrics: Palm Beach wins 2, Waverton 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.

MetricPalm BeachWaverton
Median house price$5.3M$5.9M
Median unit price-$1.4M
Gross rental yield (houses)1.78%-
Gross rental yield (units)2.67%3.34%
1-year house growth-1.9%estimate-6.2%
3-year house growth-+15.9%
Vacancy rate2.8%1.2%
Population1,6522,981

Palm Beach vs Waverton: what the numbers say

The median house price is $5.3M in Palm Beach and $5.9M in Waverton, so Palm Beach is the cheaper entry point, with Waverton houses about 12% dearer.

Over the past year house prices moved -1.9% in Palm Beach (an estimate) and -6.2% in Waverton, so recent momentum favours Palm Beach, while Waverton went backwards.

Rental vacancy is 1.2% in Waverton and 2.8% in Palm Beach, so landlords in Waverton face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Waverton is the bigger suburb, with a population of 2,981 against 1,652, larger than Palm Beach; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Palm Beach for a lower purchase price, Palm Beach for recent price momentum, Waverton 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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