Paterson vs Tralee
Property investment comparison - Paterson, NSW 2421 vs Tralee, NSW 2620
Head-to-head across core investment metrics: Paterson wins 2, Tralee 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 | Paterson | Tralee |
|---|---|---|
| Median house price | $950K | $950K |
| Median unit price | $465K | $475K |
| Gross rental yield (houses) | 3.56% | 4.59% |
| Gross rental yield (units) | 3.78% | 4.41% |
| 1-year house growth | -2.7% | - |
| 3-year house growth | +10.7% | - |
| Vacancy rate | 1.6% | 1.8% |
| Population | 960 | 0 |
Paterson vs Tralee: what the numbers say
Houses cost about the same in both suburbs: the median house price is $950K in Paterson and $950K in Tralee.
For units, Paterson sits at a median of $465K against $475K in Tralee, which makes Paterson the more affordable unit market and Tralee the pricier one.
On cash flow, Tralee leads: houses there return a gross rental yield of 4.59%, compared with 3.56% in Paterson, a gap of 1.03 percentage points.
Rental vacancy is 1.6% in Paterson and 1.8% in Tralee, so landlords in Paterson face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.
In short: Tralee for rental income, Paterson for the tighter rental market. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.
Keep exploring
- National investment guide - top suburbs across every metric
- Take the suburb finder quiz - 5 questions to match your goals
- How our investment score works
- Property investment glossary - every term defined
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