Chittaway Bay vs Mirrabooka

Houses cost about the same in both suburbs: the median house price is $925K in Chittaway Bay and $925K in Mirrabooka.

For units, Chittaway Bay sits at a median of $670K against $585K in Mirrabooka, which makes Mirrabooka the more affordable unit market and Chittaway Bay the pricier one.

Over the past year house prices moved +7.4% in Chittaway Bay and +5.6% in Mirrabooka, so recent momentum favours Chittaway Bay, although both suburbs recorded growth.

Looking back three years, Chittaway Bay houses are +12.6% and Mirrabooka houses +16.9%, so Mirrabooka has compounded faster than Chittaway Bay over the longer window.

Rental vacancy is 0.7% in Chittaway Bay and 1.2% in Mirrabooka, so landlords in Chittaway Bay face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Chittaway Bay is the bigger suburb, with a population of 1,987 against 809, roughly 2.5 times the size of Mirrabooka; a larger suburb usually means a deeper pool of buyers and tenants.

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