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Hamersley vs Innaloo

Property investment comparison - Hamersley, WA 6022 vs Innaloo, WA 6018

Head-to-head across core investment metrics: Hamersley wins 2, Innaloo wins 2. 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.

MetricHamersleyInnaloo
Median house price$1.1M$1.1M
Median unit price$815K-
Gross rental yield (houses)3.79%-
Gross rental yield (units)1.70%5.10%
1-year house growth+13.7%estimate+17.5%estimate
3-year house growth--
Vacancy rate0.6%1.0%
Population5,2099,592

Hamersley vs Innaloo: what the numbers say

The median house price is $1.1M in Hamersley and $1.1M in Innaloo, so Hamersley is the cheaper entry point.

Over the past year house prices moved +13.7% in Hamersley (an estimate) and +17.5% in Innaloo (an estimate), so recent momentum favours Innaloo, although both suburbs recorded growth.

Rental vacancy is 0.6% in Hamersley and 1.0% in Innaloo, so landlords in Hamersley face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Innaloo is the bigger suburb, with a population of 9,592 against 5,209, larger than Hamersley; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Hamersley for a lower purchase price, Innaloo for recent price momentum, Hamersley 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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