Doubleview vs Mullaloo

The median house price is $1.5M in Doubleview and $1.5M in Mullaloo, so Mullaloo is the cheaper entry point, with Doubleview houses about 1% dearer.

For units, Doubleview sits at a median of $905K against $1.4M in Mullaloo, which makes Doubleview the more affordable unit market and Mullaloo the pricier one.

On cash flow, Doubleview leads: houses there return a gross rental yield of 3.45%, compared with 3.20% in Mullaloo, a gap of 0.25 percentage points.

Over the past year house prices moved +23.2% in Doubleview and +14.8% in Mullaloo, so recent momentum favours Doubleview, although both suburbs recorded growth.

Looking back three years, Doubleview houses are +67.2% and Mullaloo houses +59.1%, so Doubleview has compounded faster than Mullaloo over the longer window.

Rental vacancy is 0.4% in Doubleview and 0.7% in Mullaloo, so landlords in Doubleview face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Doubleview is the bigger suburb, with a population of 9,205 against 6,190, larger than Mullaloo; a larger suburb usually means a deeper pool of buyers and tenants.

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