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.
| Metric | Leeming | Parkerville |
|---|---|---|
| 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 rate | 1.2% | 1.4% |
| Population | 10,883 | 2,432 |
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.
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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