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Ballajura vs Redcliffe

Property investment comparison - Ballajura, WA 6066 vs Redcliffe, WA 6104

Head-to-head across core investment metrics: Ballajura wins 2, Redcliffe wins 3. 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.

MetricBallajuraRedcliffe
Median house price$920K$930K
Median unit price-$610K
Gross rental yield (houses)4.38%4.28%
Gross rental yield (units)4.90%5.65%
1-year house growth+17.8%estimate+19.3%
3-year house growth-+73.5%
Vacancy rate0.7%0.4%
Population18,4595,030

Ballajura vs Redcliffe: what the numbers say

The median house price is $920K in Ballajura and $930K in Redcliffe, so Ballajura is the cheaper entry point, with Redcliffe houses about 1% dearer.

On cash flow, Ballajura leads: houses there return a gross rental yield of 4.38%, compared with 4.28% in Redcliffe, a gap of 0.10 percentage points.

Over the past year house prices moved +17.8% in Ballajura (an estimate) and +19.3% in Redcliffe, so recent momentum favours Redcliffe, although both suburbs recorded growth.

Rental vacancy is 0.4% in Redcliffe and 0.7% in Ballajura, so landlords in Redcliffe 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 5,030, roughly 3.7 times the size of Redcliffe; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Ballajura for rental income, Ballajura for a lower purchase price, Redcliffe for recent price momentum, Redcliffe 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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