Banjup vs Salter Point
Property investment comparison - Banjup, WA 6164 vs Salter Point, WA 6152
Head-to-head across core investment metrics: Banjup wins 1, Salter Point 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.
| Metric | Banjup | Salter Point |
|---|---|---|
| Median house price | $2.2M | $2.2M |
| Median unit price | $790K | - |
| Gross rental yield (houses) | - | 2.50% |
| Gross rental yield (units) | 3.89% | 4.89% |
| 1-year house growth | - | +15.8% |
| 3-year house growth | +75.9% | +43.3% |
| Vacancy rate | 1.6% | 1.1% |
| Population | 1,377 | 2,913 |
Banjup vs Salter Point: what the numbers say
The median house price is $2.2M in Banjup and $2.2M in Salter Point, so Salter Point is the cheaper entry point, with Banjup houses about 1% dearer.
Looking back three years, Banjup houses are +75.9% and Salter Point houses +43.3%, so Banjup has compounded faster than Salter Point over the longer window.
Rental vacancy is 1.1% in Salter Point and 1.6% in Banjup, so landlords in Salter Point face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.
Salter Point is the bigger suburb, with a population of 2,913 against 1,377, roughly 2.1 times the size of Banjup; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Salter Point for a lower purchase price, Salter Point 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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