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Hazelmere vs Lake Coogee

Property investment comparison - Hazelmere, WA 6055 vs Lake Coogee, WA 6166

Head-to-head across core investment metrics: Hazelmere wins 1, Lake Coogee 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.

MetricHazelmereLake Coogee
Median house price$1.1M$1.1M
Median unit price$630K-
Gross rental yield (houses)3.90%3.70%
Gross rental yield (units)4.96%5.45%
1-year house growth-+16.0%
3-year house growth-+51.7%
Vacancy rate0.7%0.5%
Population9354,768

Hazelmere vs Lake Coogee: what the numbers say

Houses cost about the same in both suburbs: the median house price is $1.1M in Hazelmere and $1.1M in Lake Coogee.

On cash flow, Hazelmere leads: houses there return a gross rental yield of 3.90%, compared with 3.70% in Lake Coogee, a gap of 0.20 percentage points.

Rental vacancy is 0.5% in Lake Coogee and 0.7% in Hazelmere, so landlords in Lake Coogee face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Lake Coogee is the bigger suburb, with a population of 4,768 against 935, roughly 5 times the size of Hazelmere; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Hazelmere for rental income, Lake Coogee 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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