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Leeming vs Parkerville

Property investment comparison - Leeming, WA 6149 vs Parkerville, WA 6081

Head-to-head across core investment metrics: Leeming wins 4, Parkerville wins 0. 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.

MetricLeemingParkerville
Median house price$1.5M$1.5M
Median unit price-$695K
Gross rental yield (houses)3.23%2.84%
Gross rental yield (units)6.10%1.95%
1-year house growth+18.1%-
3-year house growth+70.7%-
Vacancy rate1.2%1.4%
Population10,8832,432

Leeming vs Parkerville: what the numbers say

The median house price is $1.5M in Leeming and $1.5M in Parkerville, so Leeming is the cheaper entry point, with Parkerville houses about 1% dearer.

On cash flow, Leeming leads: houses there return a gross rental yield of 3.23%, compared with 2.84% in Parkerville, a gap of 0.39 percentage points.

Rental vacancy is 1.2% in Leeming and 1.4% in Parkerville, so landlords in Leeming face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Leeming is the bigger suburb, with a population of 10,883 against 2,432, roughly 4.5 times the size of Parkerville; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Leeming for rental income, Leeming for a lower purchase price, Leeming 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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