Windaroo vs Woody Point

The median house price is $1.1M in Windaroo and $1.1M in Woody Point, so Windaroo is the cheaper entry point, with Woody Point houses about 1% dearer.

For units, Windaroo sits at a median of $745K against $925K in Woody Point, which makes Windaroo the more affordable unit market and Woody Point the pricier one.

On cash flow, Windaroo leads: houses there return a gross rental yield of 3.80%, compared with 3.00% in Woody Point, a gap of 0.80 percentage points.

Over the past year house prices moved +18.8% in Windaroo and +14.2% in Woody Point, so recent momentum favours Windaroo, although both suburbs recorded growth.

Looking back three years, Windaroo houses are +41.0% and Woody Point houses +47.8%, so Woody Point has compounded faster than Windaroo over the longer window.

Rental vacancy is 1.6% in Woody Point and 1.6% in Windaroo, so landlords in Woody Point face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Woody Point is the bigger suburb, with a population of 4,548 against 2,771, larger than Windaroo; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Windaroo for rental income, Windaroo for a lower purchase price, Windaroo for recent price momentum, Woody Point for the tighter rental market. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.