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Banjup vs North Beach

Property investment comparison - Banjup, WA 6164 vs North Beach, WA 6020

Head-to-head across core investment metrics: Banjup wins 0, North Beach 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.

MetricBanjupNorth Beach
Median house price$2.2M$2.1M
Median unit price$790K-
Gross rental yield (houses)-2.30%
Gross rental yield (units)3.89%4.70%
1-year house growth-+21.3%estimate
3-year house growth+75.9%-
Vacancy rate1.6%0.8%
Population1,3773,689

Banjup vs North Beach: what the numbers say

The median house price is $2.2M in Banjup and $2.1M in North Beach, so North Beach is the cheaper entry point, with Banjup houses about 6% dearer.

Rental vacancy is 0.8% in North Beach and 1.6% in Banjup, so landlords in North Beach face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

North Beach is the bigger suburb, with a population of 3,689 against 1,377, roughly 2.7 times the size of Banjup; a larger suburb usually means a deeper pool of buyers and tenants.

In short: North Beach for a lower purchase price, North Beach 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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