Abbey vs Parkwood
Property investment comparison - Abbey, WA 6280 vs Parkwood, WA 6147
Head-to-head across core investment metrics: Abbey wins 2, Parkwood wins 2. 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.
| Metric | Abbey | Parkwood |
|---|---|---|
| Median house price | $1.8M | - |
| Median unit price | - | $710K |
| Gross rental yield (houses) | 2.30% | 4.12% |
| Gross rental yield (units) | 4.14% | 5.00% |
| 1-year house growth | +21.8%estimate | +19.7% |
| 3-year house growth | - | +66.2% |
| Vacancy rate | 0.6% | 0.9% |
| Population | 1,321 | 5,995 |
Abbey vs Parkwood: what the numbers say
On cash flow, Parkwood leads: houses there return a gross rental yield of 4.12%, compared with 2.30% in Abbey, a gap of 1.82 percentage points.
Over the past year house prices moved +21.8% in Abbey (an estimate) and +19.7% in Parkwood, so recent momentum favours Abbey, although both suburbs recorded growth.
Rental vacancy is 0.6% in Abbey and 0.9% in Parkwood, so landlords in Abbey face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.
Parkwood is the bigger suburb, with a population of 5,995 against 1,321, roughly 4.5 times the size of Abbey; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Parkwood for rental income, Abbey for recent price momentum, Abbey for the tighter rental market. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.
Keep exploring
- National investment guide - top suburbs across every metric
- Take the suburb finder quiz - 5 questions to match your goals
- How our investment score works
- Property investment glossary - every term defined
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