Anketell vs Middle Swan

The median house price is $810K in Anketell and $815K in Middle Swan, so Anketell is the cheaper entry point, with Middle Swan houses about 1% dearer.

For units, Anketell sits at a median of $670K against $545K in Middle Swan, which makes Middle Swan the more affordable unit market and Anketell the pricier one.

Gross rental yield on houses is effectively level, at 4.40% in Anketell and 4.39% in Middle Swan, so neither suburb has a cash flow edge on houses.

Over the past year house prices moved +20.2% in Anketell and +22.6% in Middle Swan (an estimate), so recent momentum favours Middle Swan, although both suburbs recorded growth.

Rental vacancy is 1.0% in Middle Swan and 2.9% in Anketell, so landlords in Middle Swan face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Middle Swan is the bigger suburb, with a population of 2,852 against 280, roughly 10 times the size of Anketell; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Anketell for a lower purchase price, Middle Swan for recent price momentum, Middle Swan for the tighter rental market. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.