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Currambine vs Meelon

Property investment comparison - Currambine, WA 6028 vs Meelon, WA 6208

Head-to-head across core investment metrics: Currambine wins 3, Meelon wins 0. 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.

MetricCurrambineMeelon
Median house price$1.1M$1.1M
Median unit price$660K-
Gross rental yield (houses)4.20%3.05%
Gross rental yield (units)--
1-year house growth+19.1%-
3-year house growth+57.3%-
Vacancy rate-0.0%2.1%
Population6,834174

Currambine vs Meelon: what the numbers say

The median house price is $1.1M in Currambine and $1.1M in Meelon, so Currambine is the cheaper entry point, with Meelon houses about 1% dearer.

On cash flow, Currambine leads: houses there return a gross rental yield of 4.20%, compared with 3.05% in Meelon, a gap of 1.15 percentage points.

Rental vacancy is -0.0% in Currambine and 2.1% in Meelon, 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 174, roughly 39 times the size of Meelon; 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.

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