Cardup vs North Perth

The median house price is $1.7M in Cardup and $1.7M in North Perth, so North Perth is the cheaper entry point, with Cardup houses about 1% dearer.

For units, Cardup sits at a median of $485K against $750K in North Perth, which makes Cardup the more affordable unit market and North Perth the pricier one.

On cash flow, North Perth leads: houses there return a gross rental yield of 2.85%, compared with 2.35% in Cardup, a gap of 0.50 percentage points.

Over the past year house prices moved +20.1% in Cardup (an estimate) and +12.7% in North Perth, so recent momentum favours Cardup, although both suburbs recorded growth.

Rental vacancy is 0.9% in North Perth and 4.3% in Cardup, so landlords in North Perth face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

North Perth is the bigger suburb, with a population of 9,623 against 1,163, roughly 8 times the size of Cardup; a larger suburb usually means a deeper pool of buyers and tenants.

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