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Castletown vs Koongamia

Property investment comparison - Castletown, WA 6450 vs Koongamia, WA 6056

Head-to-head across core investment metrics: Castletown wins 1, Koongamia 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.

MetricCastletownKoongamia
Median house price$650K$650K
Median unit price--
Gross rental yield (houses)5.00%-
Gross rental yield (units)3.85%5.19%
1-year house growth+14.7%+17.9%
3-year house growth+53.0%+67.2%
Vacancy rate0.2%1.2%
Population3,968985

Castletown vs Koongamia: what the numbers say

Houses cost about the same in both suburbs: the median house price is $650K in Castletown and $650K in Koongamia.

Over the past year house prices moved +14.7% in Castletown and +17.9% in Koongamia, so recent momentum favours Koongamia, although both suburbs recorded growth.

Looking back three years, Castletown houses are +53.0% and Koongamia houses +67.2%, so Koongamia has compounded faster than Castletown over the longer window.

Rental vacancy is 0.2% in Castletown and 1.2% in Koongamia, so landlords in Castletown face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Castletown is the bigger suburb, with a population of 3,968 against 985, roughly 4.0 times the size of Koongamia; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Koongamia for recent price momentum, Castletown 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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