Currambine vs Hazelmere
Property investment comparison - Currambine, WA 6028 vs Hazelmere, WA 6055
Head-to-head across core investment metrics: Currambine wins 3, Hazelmere wins 1. 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 | Currambine | Hazelmere |
|---|---|---|
| Median house price | $1.1M | $1.1M |
| Median unit price | $660K | $630K |
| Gross rental yield (houses) | 4.20% | 3.90% |
| Gross rental yield (units) | - | 4.96% |
| 1-year house growth | +19.1% | - |
| 3-year house growth | +57.3% | - |
| Vacancy rate | -0.0% | 0.7% |
| Population | 6,834 | 935 |
Currambine vs Hazelmere: what the numbers say
The median house price is $1.1M in Currambine and $1.1M in Hazelmere, so Currambine is the cheaper entry point, with Hazelmere houses about 2% dearer.
For units, Currambine sits at a median of $660K against $630K in Hazelmere, which makes Hazelmere the more affordable unit market and Currambine the pricier one.
On cash flow, Currambine leads: houses there return a gross rental yield of 4.20%, compared with 3.90% in Hazelmere, a gap of 0.30 percentage points.
Rental vacancy is -0.0% in Currambine and 0.7% in Hazelmere, so landlords in Currambine face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.
Currambine is the bigger suburb, with a population of 6,834 against 935, roughly 7 times the size of Hazelmere; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Currambine for rental income, Currambine for a lower purchase price, Currambine for the tighter rental market. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.
Keep exploring
- National investment guide - top suburbs across every metric
- Take the suburb finder quiz - 5 questions to match your goals
- How our investment score works
- Property investment glossary - every term defined
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