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Warrawong vs Wyong

Property investment comparison - Warrawong, NSW 2502 vs Wyong, NSW 2259

Head-to-head across core investment metrics: Warrawong wins 3, Wyong wins 0. 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.

MetricWarrawongWyong
Median house price$905K$905K
Median unit price$490K$565K
Gross rental yield (houses)3.74%-
Gross rental yield (units)-4.90%
1-year house growth+8.3%estimate+8.1%
3-year house growth-+8.6%
Vacancy rate0.5%0.9%
Population4,6594,530

Warrawong vs Wyong: what the numbers say

Houses cost about the same in both suburbs: the median house price is $905K in Warrawong and $905K in Wyong.

For units, Warrawong sits at a median of $490K against $565K in Wyong, which makes Warrawong the more affordable unit market and Wyong the pricier one.

Over the past year house prices moved +8.3% in Warrawong (an estimate) and +8.1% in Wyong, so recent momentum favours Warrawong, although both suburbs recorded growth.

Rental vacancy is 0.5% in Warrawong and 0.9% in Wyong, so landlords in Warrawong face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Warrawong is the bigger suburb, with a population of 4,659 against 4,530, larger than Wyong; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Warrawong for recent price momentum, Warrawong 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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