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Tea Gardens vs Yerrinbool

Property investment comparison - Tea Gardens, NSW 2324 vs Yerrinbool, NSW 2575

Head-to-head across core investment metrics: Tea Gardens wins 3, Yerrinbool 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.

MetricTea GardensYerrinbool
Median house price$920K$920K
Median unit price-$680K
Gross rental yield (houses)-3.69%
Gross rental yield (units)4.35%4.31%
1-year house growth+4.8%+2.1%
3-year house growth-4.7%+18.1%
Vacancy rate1.4%3.5%
Population3,2881,196

Tea Gardens vs Yerrinbool: what the numbers say

Houses cost about the same in both suburbs: the median house price is $920K in Tea Gardens and $920K in Yerrinbool.

Over the past year house prices moved +4.8% in Tea Gardens and +2.1% in Yerrinbool, so recent momentum favours Tea Gardens, although both suburbs recorded growth.

Looking back three years, Tea Gardens houses are -4.7% and Yerrinbool houses +18.1%, so Yerrinbool has compounded faster than Tea Gardens over the longer window.

Rental vacancy is 1.4% in Tea Gardens and 3.5% in Yerrinbool, so landlords in Tea Gardens face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Tea Gardens is the bigger suburb, with a population of 3,288 against 1,196, roughly 2.7 times the size of Yerrinbool; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Tea Gardens for recent price momentum, Tea Gardens 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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