Mount Melville vs Nickol
Property investment comparison - Mount Melville, WA 6330 vs Nickol, WA 6714
Head-to-head across core investment metrics: Mount Melville wins 3, Nickol wins 1. 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 | Mount Melville | Nickol |
|---|---|---|
| Median house price | $740K | $740K |
| Median unit price | $795K | $2.1M |
| Gross rental yield (houses) | 4.10% | 9.90% |
| Gross rental yield (units) | 3.29% | 2.60% |
| 1-year house growth | - | +17.2%estimate |
| 3-year house growth | - | - |
| Vacancy rate | 0.6% | 0.7% |
| Population | 1,007 | 4,938 |
Mount Melville vs Nickol: what the numbers say
Houses cost about the same in both suburbs: the median house price is $740K in Mount Melville and $740K in Nickol.
For units, Mount Melville sits at a median of $795K against $2.1M in Nickol, which makes Mount Melville the more affordable unit market and Nickol the pricier one.
On cash flow, Nickol leads: houses there return a gross rental yield of 9.90%, compared with 4.10% in Mount Melville, a gap of 5.80 percentage points.
Rental vacancy is 0.6% in Mount Melville and 0.7% in Nickol, so landlords in Mount Melville face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.
Nickol is the bigger suburb, with a population of 4,938 against 1,007, roughly 4.9 times the size of Mount Melville; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Nickol for rental income, Mount Melville 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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