Windsor vs Woongarrah

Houses cost about the same in both suburbs: the median house price is $1.1M in Windsor and $1.1M in Woongarrah.

For units, Windsor sits at a median of $535K against $585K in Woongarrah, which makes Windsor the more affordable unit market and Woongarrah the pricier one.

On cash flow, Woongarrah leads: houses there return a gross rental yield of 4.00%, compared with 3.51% in Windsor, a gap of 0.49 percentage points.

Over the past year house prices moved +8.2% in Windsor and +9.8% in Woongarrah, so recent momentum favours Woongarrah, although both suburbs recorded growth.

Looking back three years, Windsor houses are +27.9% and Woongarrah houses +16.1%, so Windsor has compounded faster than Woongarrah over the longer window.

Rental vacancy is 1.7% in Woongarrah and 2.0% in Windsor, so landlords in Woongarrah face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Woongarrah is the bigger suburb, with a population of 5,962 against 1,915, roughly 3.1 times the size of Windsor; a larger suburb usually means a deeper pool of buyers and tenants.

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