Best NSW suburbs to invest in under $1.5M
30 suburbs match this filter today. Average 5-year capital growth across them is 5.3%/yr; average gross yield is 3.1%. The dominant signal right now is supply tightening — Listings have been falling year-on-year — the supply side is doing the work. Top pick: Parramatta Westfield (65/100). $21.7bn pipeline incl. Sydney Metro West — Parramatta, 3.8% gross yield.
Last updated: May 2026.
Score legend · 0–40 weak · 40–60 moderate · 60–75 strong · 75+ exceptional. Scores blend growth, yield, demand and infrastructure signals against your strategy. Full methodology →
- #1
Parramatta Westfield
$21.7bn pipeline incl. Sydney Metro West — Parramatta, 3.8% gross yield.
Gross yield · 3.8%$21.7bn pipeline65Yield🟢 Under budgetNear railDrivers- Infrastructure pipeline$21.7bn nearby
- Rental yield3.8%
- Supply tightening-5.0% YoY
- Tight rentals1.3%
RisksNo material risk flags raised by the model.
Nearby construction ·Sydney Metro West — Parramatta0.3 kmConstruction · 2030
2150 · ParramattaCompare investment case - #2$5.6bn pipeline65Yield🟢 Under budgetNear pipelineDrivers
- Infrastructure pipeline$5.6bn nearby
- Rental yield3.8%
- Supply tightening-5.0% YoY
- Tight rentals1.3%
RisksNo material risk flags raised by the model.
Nearby construction ·WestConnex M4–M5 Link1.6 kmRecently completed · 2024
2204 · Canterbury-BankstownCompare investment case - #3$8.8bn pipeline65Yield🟢 Under budgetNear pipelineDrivers
- Infrastructure pipeline$8.8bn nearby
- Rental yield3.8%
- Supply tightening-5.0% YoY
- Tight rentals1.3%
RisksNo material risk flags raised by the model.
Nearby construction ·WestConnex M4–M5 Link0.7 kmRecently completed · 2024
2204 · Canterbury-BankstownCompare investment case - #4
Homebush South
$4.6bn pipeline incl. Sydney Metro West — Olympic Park, 3.8% gross yield.
Gross yield · 3.8%$4.6bn pipeline64Yield🟢 Under budgetNear railDrivers- Infrastructure pipeline$4.6bn nearby
- Rental yield3.8%
- Supply tightening-5.0% YoY
- Tight rentals1.3%
RisksNo material risk flags raised by the model.
Nearby construction ·Sydney Metro West — Olympic Park1.7 kmConstruction · 2030
2140 · Canada BayCompare investment case - #5
Parramatta
$25.0bn pipeline incl. Sydney Metro West — Parramatta, listings tightening 5.0% YoY.
5y growth · 6.7%/yr$25.0bn pipeline62Growth🟡 Near capNear railDrivers- Infrastructure pipeline$25.0bn nearby
- Supply tightening-5.0% YoY
- Tight rentals1.3%
- Capital growth6.7%/yr
Risks- At top of budget (100% of cap)
- Thin gross yield (1.5%)
Nearby construction ·Sydney Metro West — Parramatta0.0 kmConstruction · 2030
2150 · ParramattaCompare investment case - #6
Liberty Grove
$5.1bn pipeline incl. Sydney Metro West — Olympic Park, listings tightening 5.0% YoY.
Growth + yield · 5.0% · 2.4%$5.1bn pipeline62Balanced🟢 Under budgetNear railDrivers- Infrastructure pipeline$5.1bn nearby
- Supply tightening-5.0% YoY
- Tight rentals1.3%
- Population growth+6.5% (5y)
Risks- Thin gross yield (2.4%)
Nearby construction ·Sydney Metro West — Olympic Park1.6 kmConstruction · 2030
2138 · Canada BayCompare investment case - #7
Sydney Olympic Park
$17.8bn pipeline incl. Sydney Metro West — Olympic Park, listings tightening 5.0% YoY.
Growth + yield · 5.0% · 2.1%$17.8bn pipeline61Balanced🟢 Under budgetNear railDrivers- Infrastructure pipeline$17.8bn nearby
- Supply tightening-5.0% YoY
- Tight rentals1.3%
- Population growth+6.5% (5y)
Risks- Thin gross yield (2.1%)
Nearby construction ·Sydney Metro West — Olympic Park0.5 kmConstruction · 2030
2127 · Canada BayCompare investment case - #8
Badgerys Creek
$11.7bn pipeline incl. Sydney Metro — Western Sydney Airport, listings tightening 5.0% YoY.
Growth + yield · 5.0% · 2.0%$11.7bn pipeline61Balanced🟢 Under budgetNear railDrivers- Infrastructure pipeline$11.7bn nearby
- Supply tightening-5.0% YoY
- Tight rentals1.3%
- Population growth+6.5% (5y)
Risks- Thin gross yield (2.0%)
Nearby construction ·Sydney Metro — Western Sydney Airport1.2 kmConstruction · 2026
2555 · PenrithCompare investment case - #9$3.0bn pipeline61Yield🟢 Under budgetNear railDrivers
- Rental yield4.0%
- Supply tightening-4.0% YoY
- Tight rentals1.3%
- Population growth+6.5% (5y)
RisksNo material risk flags raised by the model.
Nearby construction ·Sydney Metro — Western Sydney Airport4.1 kmConstruction · 2026
2556 · CamdenCompare investment case - #10
Holroyd
$7.4bn pipeline incl. Sydney Metro West — Parramatta, listings tightening 5.0% YoY.
Growth + yield · 5.0% · 1.8%$7.4bn pipeline60Balanced🟢 Under budgetNear railDrivers- Infrastructure pipeline$7.4bn nearby
- Supply tightening-5.0% YoY
- Tight rentals1.3%
- Population growth+6.5% (5y)
Risks- Thin gross yield (1.8%)
Nearby construction ·Sydney Metro West — Parramatta1.8 kmConstruction · 2030
2142 · ParramattaCompare investment case
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