Lakelands vs Warnbro
Property investment comparison - Lakelands, WA 6180 vs Warnbro, WA 6169
Head-to-head across core investment metrics: Lakelands wins 1, Warnbro 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 | Lakelands | Warnbro |
|---|---|---|
| Median house price | $800K | $800K |
| Median unit price | - | $485K |
| Gross rental yield (houses) | 4.30% | 4.10% |
| Gross rental yield (units) | - | - |
| 1-year house growth | +17.6% | +19.7%estimate |
| 3-year house growth | +69.5% | - |
| Vacancy rate | 3.8% | 1.1% |
| Population | 6,171 | 10,828 |
Lakelands vs Warnbro: what the numbers say
Houses cost about the same in both suburbs: the median house price is $800K in Lakelands and $800K in Warnbro.
On cash flow, Lakelands leads: houses there return a gross rental yield of 4.30%, compared with 4.10% in Warnbro, a gap of 0.20 percentage points.
Over the past year house prices moved +17.6% in Lakelands and +19.7% in Warnbro (an estimate), so recent momentum favours Warnbro, although both suburbs recorded growth.
Rental vacancy is 1.1% in Warnbro and 3.8% in Lakelands, so landlords in Warnbro face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.
Warnbro is the bigger suburb, with a population of 10,828 against 6,171, larger than Lakelands; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Lakelands for rental income, Warnbro for recent price momentum, Warnbro 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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