Mullaloo vs Parkerville
Property investment comparison - Mullaloo, WA 6027 vs Parkerville, WA 6081
Head-to-head across core investment metrics: Mullaloo wins 3, Parkerville 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 | Mullaloo | Parkerville |
|---|---|---|
| Median house price | $1.5M | $1.5M |
| Median unit price | $1.4M | $695K |
| Gross rental yield (houses) | 3.20% | 2.84% |
| Gross rental yield (units) | 2.79% | 1.95% |
| 1-year house growth | +14.8% | - |
| 3-year house growth | +59.1% | - |
| Vacancy rate | 0.7% | 1.4% |
| Population | 6,190 | 2,432 |
Mullaloo vs Parkerville: what the numbers say
Houses cost about the same in both suburbs: the median house price is $1.5M in Mullaloo and $1.5M in Parkerville.
For units, Mullaloo sits at a median of $1.4M against $695K in Parkerville, which makes Parkerville the more affordable unit market and Mullaloo the pricier one.
On cash flow, Mullaloo leads: houses there return a gross rental yield of 3.20%, compared with 2.84% in Parkerville, a gap of 0.36 percentage points.
Rental vacancy is 0.7% in Mullaloo and 1.4% in Parkerville, so landlords in Mullaloo face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.
Mullaloo is the bigger suburb, with a population of 6,190 against 2,432, roughly 2.5 times the size of Parkerville; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Mullaloo for rental income, Mullaloo 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
Compare any 2-4 Australian suburbs
Build your own multi-suburb comparison with the full interactive tool.
Open interactive comparison