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Glen Iris vs Nickol

Property investment comparison - Glen Iris, WA 6230 vs Nickol, WA 6714

Head-to-head across core investment metrics: Glen Iris wins 2, Nickol 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.

MetricGlen IrisNickol
Median house price$735K$740K
Median unit price-$2.1M
Gross rental yield (houses)4.76%9.90%
Gross rental yield (units)4.84%2.60%
1-year house growth+16.4%+17.2%estimate
3-year house growth+79.1%-
Vacancy rate2.2%0.7%
Population3,1434,938

Glen Iris vs Nickol: what the numbers say

The median house price is $735K in Glen Iris and $740K in Nickol, so Glen Iris 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 4.76% in Glen Iris, a gap of 5.14 percentage points.

Over the past year house prices moved +16.4% in Glen Iris and +17.2% in Nickol (an estimate), so recent momentum favours Nickol, although both suburbs recorded growth.

Rental vacancy is 0.7% in Nickol and 2.2% in Glen Iris, so landlords in Nickol face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Nickol is the bigger suburb, with a population of 4,938 against 3,143, larger than Glen Iris; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Nickol for rental income, Glen Iris for a lower purchase price, Nickol 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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