Ballajura vs Millbridge
Property investment comparison - Ballajura, WA 6066 vs Millbridge, WA 6232
Head-to-head across core investment metrics: Ballajura wins 4, Millbridge wins 1. 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 | Ballajura | Millbridge |
|---|---|---|
| Median house price | $920K | $915K |
| Median unit price | - | $775K |
| Gross rental yield (houses) | 4.38% | 4.11% |
| Gross rental yield (units) | 4.90% | 4.28% |
| 1-year house growth | +17.8%estimate | +16.6% |
| 3-year house growth | - | +66.2% |
| Vacancy rate | 0.7% | 1.7% |
| Population | 18,459 | 2,736 |
Ballajura vs Millbridge: what the numbers say
The median house price is $920K in Ballajura and $915K in Millbridge, so Millbridge is the cheaper entry point, with Ballajura houses about 1% dearer.
On cash flow, Ballajura leads: houses there return a gross rental yield of 4.38%, compared with 4.11% in Millbridge, a gap of 0.27 percentage points.
Over the past year house prices moved +17.8% in Ballajura (an estimate) and +16.6% in Millbridge, so recent momentum favours Ballajura, although both suburbs recorded growth.
Rental vacancy is 0.7% in Ballajura and 1.7% in Millbridge, so landlords in Ballajura face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.
Ballajura is the bigger suburb, with a population of 18,459 against 2,736, roughly 7 times the size of Millbridge; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Ballajura for rental income, Millbridge for a lower purchase price, Ballajura for recent price momentum, Ballajura 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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