Harkness vs Jarrahmond
Property investment comparison - Harkness, VIC 3337 vs Jarrahmond, VIC 3888
Head-to-head across core investment metrics: Harkness wins 0, Jarrahmond 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.
| Metric | Harkness | Jarrahmond |
|---|---|---|
| Median house price | $635K | $635K |
| Median unit price | $440K | - |
| Gross rental yield (houses) | 3.71% | 3.75% |
| Gross rental yield (units) | 4.80% | - |
| 1-year house growth | +10.9%estimate | - |
| 3-year house growth | - | - |
| Vacancy rate | 3.2% | 0.8% |
| Population | 12,463 | 117 |
Harkness vs Jarrahmond: what the numbers say
Houses cost about the same in both suburbs: the median house price is $635K in Harkness and $635K in Jarrahmond.
Gross rental yield on houses is effectively level, at 3.71% in Harkness and 3.75% in Jarrahmond, so neither suburb has a cash flow edge on houses.
Rental vacancy is 0.8% in Jarrahmond and 3.2% in Harkness, so landlords in Jarrahmond face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.
Harkness is the bigger suburb, with a population of 12,463 against 117, roughly 107 times the size of Jarrahmond; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Jarrahmond 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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