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Speers Point vs Wallacia

Property investment comparison - Speers Point, NSW 2284 vs Wallacia, NSW 2745

Head-to-head across core investment metrics: Speers Point wins 2, Wallacia 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.

MetricSpeers PointWallacia
Median house price$1.3M$1.3M
Median unit price$970K$285K
Gross rental yield (houses)-2.80%
Gross rental yield (units)-4.71%
1-year house growth+12.7%+4.3%estimate
3-year house growth+34.6%-
Vacancy rate0.7%2.3%
Population3,4001,711

Speers Point vs Wallacia: what the numbers say

The median house price is $1.3M in Speers Point and $1.3M in Wallacia, so Wallacia is the cheaper entry point.

For units, Speers Point sits at a median of $970K against $285K in Wallacia, which makes Wallacia the more affordable unit market and Speers Point the pricier one.

Over the past year house prices moved +12.7% in Speers Point and +4.3% in Wallacia (an estimate), so recent momentum favours Speers Point, although both suburbs recorded growth.

Rental vacancy is 0.7% in Speers Point and 2.3% in Wallacia, so landlords in Speers Point face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Speers Point is the bigger suburb, with a population of 3,400 against 1,711, larger than Wallacia; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Wallacia for a lower purchase price, Speers Point for recent price momentum, Speers Point 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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