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Eaton vs Nickol

Property investment comparison - Eaton, WA 6232 vs Nickol, WA 6714

Head-to-head across core investment metrics: Eaton wins 3, Nickol wins 2. 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.

MetricEatonNickol
Median house price$735K$740K
Median unit price-$2.1M
Gross rental yield (houses)4.60%9.90%
Gross rental yield (units)6.96%2.60%
1-year house growth+17.3%+17.2%estimate
3-year house growth+72.3%-
Vacancy rate1.0%0.7%
Population8,6694,938

Eaton vs Nickol: what the numbers say

The median house price is $735K in Eaton and $740K in Nickol, so Eaton is the cheaper entry point, with Nickol houses about 1% dearer.

On cash flow, Nickol leads: houses there return a gross rental yield of 9.90%, compared with 4.60% in Eaton, a gap of 5.30 percentage points.

Over the past year house prices moved +17.3% in Eaton and +17.2% in Nickol (an estimate), so recent momentum favours Eaton, although both suburbs recorded growth.

Rental vacancy is 0.7% in Nickol and 1.0% in Eaton, so landlords in Nickol face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Eaton is the bigger suburb, with a population of 8,669 against 4,938, larger than Nickol; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Nickol for rental income, Eaton for a lower purchase price, Eaton for recent price momentum, Nickol 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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