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Gwelup vs Winthrop

Property investment comparison - Gwelup, WA 6018 vs Winthrop, WA 6150

Head-to-head across core investment metrics: Gwelup wins 5, Winthrop wins 0. 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.

MetricGwelupWinthrop
Median house price$1.8M$1.8M
Median unit price--
Gross rental yield (houses)3.30%2.96%
Gross rental yield (units)3.51%1.75%
1-year house growth+14.0%estimate+12.4%
3-year house growth-+41.7%
Vacancy rate1.7%1.8%
Population5,3916,020

Gwelup vs Winthrop: what the numbers say

The median house price is $1.8M in Gwelup and $1.8M in Winthrop, so Gwelup is the cheaper entry point, with Winthrop houses about 1% dearer.

On cash flow, Gwelup leads: houses there return a gross rental yield of 3.30%, compared with 2.96% in Winthrop, a gap of 0.34 percentage points.

Over the past year house prices moved +14.0% in Gwelup (an estimate) and +12.4% in Winthrop, so recent momentum favours Gwelup, although both suburbs recorded growth.

Rental vacancy is 1.7% in Gwelup and 1.8% in Winthrop, so landlords in Gwelup face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Winthrop is the bigger suburb, with a population of 6,020 against 5,391, larger than Gwelup; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Gwelup for rental income, Gwelup for a lower purchase price, Gwelup for recent price momentum, Gwelup 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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