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Forrestfield vs Safety Bay

Property investment comparison - Forrestfield, WA 6058 vs Safety Bay, WA 6169

Head-to-head across core investment metrics: Forrestfield wins 2, Safety Bay 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.

MetricForrestfieldSafety Bay
Median house price$855K$855K
Median unit price-$635K
Gross rental yield (houses)4.33%-
Gross rental yield (units)5.88%4.50%
1-year house growth+17.6%+19.0%
3-year house growth+66.3%+64.7%
Vacancy rate1.1%1.0%
Population13,1817,662

Forrestfield vs Safety Bay: what the numbers say

Houses cost about the same in both suburbs: the median house price is $855K in Forrestfield and $855K in Safety Bay.

Over the past year house prices moved +17.6% in Forrestfield and +19.0% in Safety Bay, so recent momentum favours Safety Bay, although both suburbs recorded growth.

Looking back three years, Forrestfield houses are +66.3% and Safety Bay houses +64.7%, so Forrestfield has compounded faster than Safety Bay over the longer window.

Rental vacancy is 1.0% in Safety Bay and 1.1% in Forrestfield, so landlords in Safety Bay 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 7,662, larger than Safety Bay; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Safety Bay for recent price momentum, Safety Bay 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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