Prospect vs Renwick
Property investment comparison - Prospect, NSW 2148 vs Renwick, NSW 2575
Head-to-head across core investment metrics: Prospect wins 2, Renwick wins 1. 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 | Prospect | Renwick |
|---|---|---|
| Median house price | $1.3M | $1.3M |
| Median unit price | - | $685K |
| Gross rental yield (houses) | 2.80% | - |
| Gross rental yield (units) | 5.17% | 3.88% |
| 1-year house growth | +6.6%estimate | -0.7% |
| 3-year house growth | - | +5.1% |
| Vacancy rate | 1.2% | 0.9% |
| Population | 5,187 | 1,453 |
Prospect vs Renwick: what the numbers say
Houses cost about the same in both suburbs: the median house price is $1.3M in Prospect and $1.3M in Renwick.
Over the past year house prices moved +6.6% in Prospect (an estimate) and -0.7% in Renwick, so recent momentum favours Prospect, while Renwick went backwards.
Rental vacancy is 0.9% in Renwick and 1.2% in Prospect, so landlords in Renwick face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.
Prospect is the bigger suburb, with a population of 5,187 against 1,453, roughly 3.6 times the size of Renwick; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Prospect for recent price momentum, Renwick 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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