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North Beach vs Salter Point

Property investment comparison - North Beach, WA 6020 vs Salter Point, WA 6152

Head-to-head across core investment metrics: North Beach wins 3, Salter Point 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.

MetricNorth BeachSalter Point
Median house price$2.1M$2.2M
Median unit price--
Gross rental yield (houses)2.30%2.50%
Gross rental yield (units)4.70%4.89%
1-year house growth+21.3%estimate+15.8%
3-year house growth-+43.3%
Vacancy rate0.8%1.1%
Population3,6892,913

North Beach vs Salter Point: what the numbers say

The median house price is $2.1M in North Beach and $2.2M in Salter Point, so North Beach is the cheaper entry point, with Salter Point houses about 5% dearer.

On cash flow, Salter Point leads: houses there return a gross rental yield of 2.50%, compared with 2.30% in North Beach, a gap of 0.20 percentage points.

Over the past year house prices moved +21.3% in North Beach (an estimate) and +15.8% in Salter Point, so recent momentum favours North Beach, although both suburbs recorded growth.

Rental vacancy is 0.8% in North Beach and 1.1% in Salter Point, 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 2,913, larger than Salter Point; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Salter Point for rental income, North Beach for a lower purchase price, North Beach for recent price momentum, North Beach 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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