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Castletown vs Orana

Property investment comparison - Castletown, WA 6450 vs Orana, WA 6330

Head-to-head across core investment metrics: Castletown wins 2, Orana wins 1. 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.

MetricCastletownOrana
Median house price$650K$670K
Median unit price-$590K
Gross rental yield (houses)5.00%-
Gross rental yield (units)3.85%4.77%
1-year house growth+14.7%-
3-year house growth+53.0%-
Vacancy rate0.2%0.5%
Population3,9682,035

Castletown vs Orana: what the numbers say

The median house price is $650K in Castletown and $670K in Orana, so Castletown is the cheaper entry point, with Orana houses about 3% dearer.

Rental vacancy is 0.2% in Castletown and 0.5% in Orana, 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 2,035, larger than Orana; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Castletown for a lower purchase price, 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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