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Ferndale vs Forrestfield

Property investment comparison - Ferndale, WA 6148 vs Forrestfield, WA 6058

Head-to-head across core investment metrics: Ferndale wins 2, Forrestfield wins 3. 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.

MetricFerndaleForrestfield
Median house price$860K$855K
Median unit price$680K-
Gross rental yield (houses)4.30%4.33%
Gross rental yield (units)5.20%5.88%
1-year house growth+18.6%estimate+17.6%
3-year house growth-+66.3%
Vacancy rate1.0%1.1%
Population4,45713,181

Ferndale vs Forrestfield: what the numbers say

The median house price is $860K in Ferndale and $855K in Forrestfield, so Forrestfield is the cheaper entry point, with Ferndale houses about 1% dearer.

Gross rental yield on houses is effectively level, at 4.30% in Ferndale and 4.33% in Forrestfield, so neither suburb has a cash flow edge on houses.

Over the past year house prices moved +18.6% in Ferndale (an estimate) and +17.6% in Forrestfield, so recent momentum favours Ferndale, although both suburbs recorded growth.

Rental vacancy is 1.0% in Ferndale and 1.1% in Forrestfield, so landlords in Ferndale face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Forrestfield is the bigger suburb, with a population of 13,181 against 4,457, roughly 3.0 times the size of Ferndale; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Forrestfield for a lower purchase price, Ferndale for recent price momentum, Ferndale 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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