Paterson vs Wyongah
Property investment comparison - Paterson, NSW 2421 vs Wyongah, NSW 2259
Head-to-head across core investment metrics: Paterson wins 1, Wyongah 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 | Wyongah |
|---|---|---|
| Median house price | $950K | $945K |
| Median unit price | $465K | - |
| Gross rental yield (houses) | 3.56% | 3.86% |
| Gross rental yield (units) | 3.78% | 4.46% |
| 1-year house growth | -2.7% | +14.5%estimate |
| 3-year house growth | +10.7% | - |
| Vacancy rate | 1.6% | 2.5% |
| Population | 960 | 2,020 |
Paterson vs Wyongah: what the numbers say
The median house price is $950K in Paterson and $945K in Wyongah, so Wyongah is the cheaper entry point, with Paterson houses about 1% dearer.
On cash flow, Wyongah leads: houses there return a gross rental yield of 3.86%, compared with 3.56% in Paterson, a gap of 0.30 percentage points.
Over the past year house prices moved -2.7% in Paterson and +14.5% in Wyongah (an estimate), so recent momentum favours Wyongah, while Paterson went backwards.
Rental vacancy is 1.6% in Paterson and 2.5% in Wyongah, so landlords in Paterson face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.
Wyongah is the bigger suburb, with a population of 2,020 against 960, roughly 2.1 times the size of Paterson; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Wyongah for rental income, Wyongah for a lower purchase price, Wyongah for recent price momentum, 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
Compare any 2-4 Australian suburbs
Build your own multi-suburb comparison with the full interactive tool.
Open interactive comparison