Gwelup vs Hillarys
Property investment comparison - Gwelup, WA 6018 vs Hillarys, WA 6025
Head-to-head across core investment metrics: Gwelup wins 1, Hillarys wins 4. 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.
| Metric | Gwelup | Hillarys |
|---|---|---|
| Median house price | $1.8M | $1.8M |
| Median unit price | - | $940K |
| Gross rental yield (houses) | 3.30% | 2.81% |
| Gross rental yield (units) | 3.51% | 4.58% |
| 1-year house growth | +14.0%estimate | +23.2% |
| 3-year house growth | - | +62.5% |
| Vacancy rate | 1.7% | 0.8% |
| Population | 5,391 | 11,200 |
Gwelup vs Hillarys: what the numbers say
The median house price is $1.8M in Gwelup and $1.8M in Hillarys, so Hillarys is the cheaper entry point, with Gwelup houses about 1% dearer.
On cash flow, Gwelup leads: houses there return a gross rental yield of 3.30%, compared with 2.81% in Hillarys, a gap of 0.49 percentage points.
Over the past year house prices moved +14.0% in Gwelup (an estimate) and +23.2% in Hillarys, so recent momentum favours Hillarys, although both suburbs recorded growth.
Rental vacancy is 0.8% in Hillarys and 1.7% in Gwelup, so landlords in Hillarys face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.
Hillarys is the bigger suburb, with a population of 11,200 against 5,391, roughly 2.1 times the size of Gwelup; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Gwelup for rental income, Hillarys for a lower purchase price, Hillarys for recent price momentum, Hillarys for the tighter rental market. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.
Keep exploring
- National investment guide - top suburbs across every metric
- Take the suburb finder quiz - 5 questions to match your goals
- How our investment score works
- Property investment glossary - every term defined
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