Silverwater vs Yarrawonga Park.
Comparing two suburbs with median house prices of $870,000 and $735,000. Yarrawonga Park edges out on more headline metrics in this comparison.
Yarrawonga Park (median $735,000) is roughly 18% cheaper to buy into than Silverwater ($870,000). Over the past year, Yarrawonga Park (+8.9%) ran 8.9 percentage points ahead of Silverwater (0%) on house-price growth.
For buyers
Yarrawonga Park is the lower entry point at $735,000 median, 18% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.
For investors
Yarrawonga Park carries both higher gross yield (4.92% vs 4.15%) and stronger 12-month growth. On the headline numbers, it's the cleaner investor case of the two.
For families
School and household data is too similar between the two to call a winner on family fit. Check the individual profiles for street-level school catchments.
Common questions
Is Silverwater or Yarrawonga Park cheaper to buy in?
Yarrawonga Park has the lower median house price at $735,000, roughly 18% below Silverwater ($870,000). The gap on units is usually similar but worth checking on the full suburb profiles.
Which has stronger property growth, Silverwater or Yarrawonga Park?
Over the past 12 months, Yarrawonga Park grew +8.9% vs 0% in Silverwater, a gap of 8.9 percentage points. Twelve-month growth can swing year to year, so weight long-run trends from the individual suburb profiles before making a buy decision.
Which suburb has higher rental yield, Silverwater or Yarrawonga Park?
Gross rental yield on houses is 4.92% in Yarrawonga Park vs 4.15% in Silverwater. Gross yield equals annual rent divided by purchase price. Net yield (after strata, rates, insurance, agent fees and maintenance) typically runs 1.5-2 percentage points lower.
The numbers behind the take
Price & Market
Rental
Lifestyle & Demographics
Risk & Hazard
Schools
Climate
Green dot = better on that metric (lower price, higher growth, higher walkability, lower risk).
Compare Silverwater against another suburb