Centennial Park vs Mahomets Flats
Property investment comparison - Centennial Park, WA 6330 vs Mahomets Flats, WA 6530
Head-to-head across core investment metrics: Centennial Park wins 1, Mahomets Flats 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 | Centennial Park | Mahomets Flats |
|---|---|---|
| Median house price | $650K | $630K |
| Median unit price | - | - |
| Gross rental yield (houses) | 3.48% | 4.98% |
| Gross rental yield (units) | 5.25% | 6.64% |
| 1-year house growth | +15.8% | - |
| 3-year house growth | +73.3% | - |
| Vacancy rate | 0.1% | 1.1% |
| Population | 689 | 806 |
Centennial Park vs Mahomets Flats: what the numbers say
The median house price is $650K in Centennial Park and $630K in Mahomets Flats, so Mahomets Flats is the cheaper entry point, with Centennial Park houses about 3% dearer.
On cash flow, Mahomets Flats leads: houses there return a gross rental yield of 4.98%, compared with 3.48% in Centennial Park, a gap of 1.50 percentage points.
Rental vacancy is 0.1% in Centennial Park and 1.1% in Mahomets Flats, so landlords in Centennial Park face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.
Mahomets Flats is the bigger suburb, with a population of 806 against 689, larger than Centennial Park; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Mahomets Flats for rental income, Mahomets Flats for a lower purchase price, Centennial Park 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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Centennial Park, WA 6330
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