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Cowaramup vs Ludlow

Property investment comparison - Cowaramup, WA 6284 vs Ludlow, WA 6280

Head-to-head across core investment metrics: Cowaramup wins 0, Ludlow wins 4. 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.

MetricCowaramupLudlow
Median house price$1.2M$1.2M
Median unit price-$505K
Gross rental yield (houses)3.40%3.56%
Gross rental yield (units)2.20%7.68%
1-year house growth+18.6%-
3-year house growth+43.6%-
Vacancy rate2.2%0.7%
Population2,482132

Cowaramup vs Ludlow: what the numbers say

The median house price is $1.2M in Cowaramup and $1.2M in Ludlow, so Ludlow is the cheaper entry point.

On cash flow, Ludlow leads: houses there return a gross rental yield of 3.56%, compared with 3.40% in Cowaramup, a gap of 0.16 percentage points.

Rental vacancy is 0.7% in Ludlow and 2.2% in Cowaramup, so landlords in Ludlow face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Cowaramup is the bigger suburb, with a population of 2,482 against 132, roughly 19 times the size of Ludlow; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Ludlow for rental income, Ludlow for a lower purchase price, Ludlow 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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