North Lake vs Yokine
Property investment comparison - North Lake, WA 6163 vs Yokine, WA 6060
Head-to-head across core investment metrics: North Lake wins 4, Yokine 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 | North Lake | Yokine |
|---|---|---|
| Median house price | $1.3M | $1.3M |
| Median unit price | $635K | $720K |
| Gross rental yield (houses) | 3.80% | 3.34% |
| Gross rental yield (units) | 5.39% | 4.96% |
| 1-year house growth | +21.1% | - |
| 3-year house growth | +57.2% | - |
| Vacancy rate | 0.3% | 1.0% |
| Population | 1,299 | 12,706 |
North Lake vs Yokine: what the numbers say
The median house price is $1.3M in North Lake and $1.3M in Yokine, so Yokine is the cheaper entry point, with North Lake houses about 3% dearer.
For units, North Lake sits at a median of $635K against $720K in Yokine, which makes North Lake the more affordable unit market and Yokine the pricier one.
On cash flow, North Lake leads: houses there return a gross rental yield of 3.80%, compared with 3.34% in Yokine, a gap of 0.46 percentage points.
Rental vacancy is 0.3% in North Lake and 1.0% in Yokine, so landlords in North Lake face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.
Yokine is the bigger suburb, with a population of 12,706 against 1,299, roughly 10 times the size of North Lake; a larger suburb usually means a deeper pool of buyers and tenants.
In short: North Lake for rental income, Yokine for a lower purchase price, North Lake 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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