Port Kembla vs Werrington Downs

Houses cost about the same in both suburbs: the median house price is $1.1M in Port Kembla and $1.1M in Werrington Downs.

For units, Port Kembla sits at a median of $675K against $645K in Werrington Downs, which makes Werrington Downs the more affordable unit market and Port Kembla the pricier one.

On cash flow, Port Kembla leads: houses there return a gross rental yield of 3.17%, compared with 3.06% in Werrington Downs, a gap of 0.11 percentage points.

Over the past year house prices moved +4.3% in Port Kembla and +12.8% in Werrington Downs (an estimate), so recent momentum favours Werrington Downs, although both suburbs recorded growth.

Rental vacancy is 0.9% in Port Kembla and 1.4% in Werrington Downs, so landlords in Port Kembla face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Port Kembla is the bigger suburb, with a population of 5,088 against 3,221, larger than Werrington Downs; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Port Kembla for rental income, Werrington Downs for recent price momentum, Port Kembla for the tighter rental market. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.