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Gooseberry Hill vs Wellesley

Property investment comparison - Gooseberry Hill, WA 6076 vs Wellesley, WA 6233

Head-to-head across core investment metrics: Gooseberry Hill wins 2, Wellesley wins 1. 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.

MetricGooseberry HillWellesley
Median house price$1.3M$1.3M
Median unit price-$85K
Gross rental yield (houses)3.30%3.11%
Gross rental yield (units)5.95%-
1-year house growth+16.1%-
3-year house growth+47.7%-
Vacancy rate1.9%1.4%
Population3,32335

Gooseberry Hill vs Wellesley: what the numbers say

The median house price is $1.3M in Gooseberry Hill and $1.3M in Wellesley, so Gooseberry Hill is the cheaper entry point, with Wellesley houses about 1% dearer.

On cash flow, Gooseberry Hill leads: houses there return a gross rental yield of 3.30%, compared with 3.11% in Wellesley, a gap of 0.19 percentage points.

Rental vacancy is 1.4% in Wellesley and 1.9% in Gooseberry Hill, so landlords in Wellesley face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Gooseberry Hill is the bigger suburb, with a population of 3,323 against 35, roughly 95 times the size of Wellesley; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Gooseberry Hill for rental income, Gooseberry Hill for a lower purchase price, Wellesley 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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