Paterson vs Unanderra
Property investment comparison - Paterson, NSW 2421 vs Unanderra, NSW 2526
Head-to-head across core investment metrics: Paterson wins 1, Unanderra wins 4. 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 | Unanderra |
|---|---|---|
| Median house price | $950K | $950K |
| Median unit price | $465K | $765K |
| Gross rental yield (houses) | 3.56% | - |
| Gross rental yield (units) | 3.78% | 4.13% |
| 1-year house growth | -2.7% | +7.3% |
| 3-year house growth | +10.7% | +16.7% |
| Vacancy rate | 1.6% | 0.2% |
| Population | 960 | 5,476 |
Paterson vs Unanderra: what the numbers say
Houses cost about the same in both suburbs: the median house price is $950K in Paterson and $950K in Unanderra.
For units, Paterson sits at a median of $465K against $765K in Unanderra, which makes Paterson the more affordable unit market and Unanderra the pricier one.
Over the past year house prices moved -2.7% in Paterson and +7.3% in Unanderra, so recent momentum favours Unanderra, while Paterson went backwards.
Looking back three years, Paterson houses are +10.7% and Unanderra houses +16.7%, so Unanderra has compounded faster than Paterson over the longer window.
Rental vacancy is 0.2% in Unanderra and 1.6% in Paterson, so landlords in Unanderra face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.
Unanderra is the bigger suburb, with a population of 5,476 against 960, roughly 6 times the size of Paterson; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Unanderra for recent price momentum, Unanderra 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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