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Shellharbour City Centre vs Warwick Farm

Property investment comparison - Shellharbour City Centre, NSW 2529 vs Warwick Farm, NSW 2170

Head-to-head across core investment metrics: Shellharbour City Centre wins 2, Warwick Farm 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.

MetricShellharbour City CentreWarwick Farm
Median house price$1.1M$1.1M
Median unit price$790K$480K
Gross rental yield (houses)4.04%2.85%
Gross rental yield (units)4.40%5.85%
1-year house growth-+5.7%estimate
3-year house growth--
Vacancy rate1.0%1.1%
Population4576,135

Shellharbour City Centre vs Warwick Farm: what the numbers say

Houses cost about the same in both suburbs: the median house price is $1.1M in Shellharbour City Centre and $1.1M in Warwick Farm.

For units, Shellharbour City Centre sits at a median of $790K against $480K in Warwick Farm, which makes Warwick Farm the more affordable unit market and Shellharbour City Centre the pricier one.

On cash flow, Shellharbour City Centre leads: houses there return a gross rental yield of 4.04%, compared with 2.85% in Warwick Farm, a gap of 1.19 percentage points.

Rental vacancy is 1.0% in Shellharbour City Centre and 1.1% in Warwick Farm, so landlords in Shellharbour City Centre face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Warwick Farm is the bigger suburb, with a population of 6,135 against 457, roughly 13 times the size of Shellharbour City Centre; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Shellharbour City Centre for rental income, Shellharbour City Centre for the tighter rental market. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.

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Shellharbour City Centre vs Warwick Farm