Charmhaven vs Gorokan

Houses cost about the same in both suburbs: the median house price is $850K in Charmhaven and $850K in Gorokan.

On cash flow, Charmhaven leads: houses there return a gross rental yield of 3.90%, compared with 3.72% in Gorokan, a gap of 0.18 percentage points.

Over the past year house prices moved +9.6% in Charmhaven and +13.1% in Gorokan, so recent momentum favours Gorokan, although both suburbs recorded growth.

Looking back three years, Charmhaven houses are +23.5% and Gorokan houses +23.2%, so Charmhaven has compounded faster than Gorokan over the longer window.

Rental vacancy is 0.8% in Gorokan and 2.9% in Charmhaven, so landlords in Gorokan face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Gorokan is the bigger suburb, with a population of 8,624 against 2,501, roughly 3.4 times the size of Charmhaven; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Charmhaven for rental income, Gorokan for recent price momentum, Gorokan for the tighter rental market. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.