Freemans Reach vs Mount Pritchard

Houses cost about the same in both suburbs: the median house price is $1.2M in Freemans Reach and $1.2M in Mount Pritchard.

On cash flow, Freemans Reach leads: houses there return a gross rental yield of 3.55%, compared with 2.82% in Mount Pritchard, a gap of 0.73 percentage points.

Over the past year house prices moved +6.6% in Freemans Reach and +6.4% in Mount Pritchard, so recent momentum favours Freemans Reach, although both suburbs recorded growth.

Looking back three years, Freemans Reach houses are +19.3% and Mount Pritchard houses +35.0%, so Mount Pritchard has compounded faster than Freemans Reach over the longer window.

Rental vacancy is 2.0% in Mount Pritchard and 2.7% in Freemans Reach, so landlords in Mount Pritchard face less competition for tenants.

Mount Pritchard is the bigger suburb, with a population of 10,426 against 2,049, roughly 5 times the size of Freemans Reach; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Freemans Reach for rental income, Freemans Reach for recent price momentum, Mount Pritchard for the tighter rental market. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.