Hazelmere vs Leschenault
Property investment comparison - Hazelmere, WA 6055 vs Leschenault, WA 6233
Head-to-head across core investment metrics: Hazelmere wins 2, Leschenault wins 3. 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 | Hazelmere | Leschenault |
|---|---|---|
| Median house price | $1.1M | $1.1M |
| Median unit price | $630K | $205K |
| Gross rental yield (houses) | 3.90% | 3.60% |
| Gross rental yield (units) | 4.96% | 8.31% |
| 1-year house growth | - | +19.6%estimate |
| 3-year house growth | - | - |
| Vacancy rate | 0.7% | 1.4% |
| Population | 935 | 3,058 |
Hazelmere vs Leschenault: what the numbers say
The median house price is $1.1M in Hazelmere and $1.1M in Leschenault, so Leschenault is the cheaper entry point, with Hazelmere houses about 1% dearer.
For units, Hazelmere sits at a median of $630K against $205K in Leschenault, which makes Leschenault the more affordable unit market and Hazelmere the pricier one.
On cash flow, Hazelmere leads: houses there return a gross rental yield of 3.90%, compared with 3.60% in Leschenault, a gap of 0.30 percentage points.
Rental vacancy is 0.7% in Hazelmere and 1.4% in Leschenault, so landlords in Hazelmere face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.
Leschenault is the bigger suburb, with a population of 3,058 against 935, roughly 3.3 times the size of Hazelmere; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Hazelmere for rental income, Leschenault for a lower purchase price, Hazelmere 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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