North Beach vs Parklands
Property investment comparison - North Beach, WA 6020 vs Parklands, WA 6180
Head-to-head across core investment metrics: North Beach wins 1, Parklands 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 | North Beach | Parklands |
|---|---|---|
| Median house price | $2.1M | $2.0M |
| Median unit price | - | $235K |
| Gross rental yield (houses) | 2.30% | - |
| Gross rental yield (units) | 4.70% | 5.49% |
| 1-year house growth | +21.3%estimate | - |
| 3-year house growth | - | - |
| Vacancy rate | 0.8% | 1.8% |
| Population | 3,689 | 603 |
North Beach vs Parklands: what the numbers say
The median house price is $2.1M in North Beach and $2.0M in Parklands, so Parklands is the cheaper entry point, with North Beach houses about 3% dearer.
Rental vacancy is 0.8% in North Beach and 1.8% in Parklands, so landlords in North Beach face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.
North Beach is the bigger suburb, with a population of 3,689 against 603, roughly 6 times the size of Parklands; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Parklands for a lower purchase price, North Beach 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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