Connolly vs Mindarie

The median house price is $1.4M in Connolly and $1.4M in Mindarie, so Mindarie is the cheaper entry point.

On cash flow, Mindarie leads: houses there return a gross rental yield of 3.80%, compared with 3.34% in Connolly, a gap of 0.46 percentage points.

Over the past year house prices moved +22.0% in Connolly and +19.6% in Mindarie, so recent momentum favours Connolly, although both suburbs recorded growth.

Looking back three years, Connolly houses are +76.4% and Mindarie houses +65.6%, so Connolly has compounded faster than Mindarie over the longer window.

Rental vacancy is 0.9% in Connolly and 1.6% in Mindarie, so landlords in Connolly face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Mindarie is the bigger suburb, with a population of 7,867 against 3,675, roughly 2.1 times the size of Connolly; a larger suburb usually means a deeper pool of buyers and tenants.

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