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Abbey vs Hovea

Property investment comparison - Abbey, WA 6280 vs Hovea, WA 6071

Head-to-head across core investment metrics: Abbey wins 3, Hovea 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.

MetricAbbeyHovea
Median house price$1.8M-
Median unit price-$755K
Gross rental yield (houses)2.30%1.89%
Gross rental yield (units)4.14%1.96%
1-year house growth+21.8%estimate-
3-year house growth--
Vacancy rate0.6%9.2%
Population1,321713

Abbey vs Hovea: what the numbers say

On cash flow, Abbey leads: houses there return a gross rental yield of 2.30%, compared with 1.89% in Hovea, a gap of 0.41 percentage points.

Rental vacancy is 0.6% in Abbey and 9.2% in Hovea, so landlords in Abbey face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Abbey is the bigger suburb, with a population of 1,321 against 713, larger than Hovea; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Abbey for rental income, Abbey 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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