Karnup vs Westminster

Houses cost about the same in both suburbs: the median house price is $810K in Karnup and $810K in Westminster.

For units, Karnup sits at a median of $825K against $690K in Westminster, which makes Westminster the more affordable unit market and Karnup the pricier one.

Over the past year house prices moved +23.7% in Karnup and +20.9% in Westminster, so recent momentum favours Karnup, although both suburbs recorded growth.

Looking back three years, Karnup houses are +72.1% and Westminster houses +90.5%, so Westminster has compounded faster than Karnup over the longer window.

Rental vacancy is 0.8% in Westminster and 5.2% in Karnup, so landlords in Westminster face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Westminster is the bigger suburb, with a population of 7,042 against 2,096, roughly 3.4 times the size of Karnup; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Karnup for recent price momentum, Westminster for the tighter rental market. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.