Parklands vs South Fremantle
Property investment comparison - Parklands, WA 6180 vs South Fremantle, WA 6162
Head-to-head across core investment metrics: Parklands wins 2, South Fremantle 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 | Parklands | South Fremantle |
|---|---|---|
| Median house price | $2.0M | $2M |
| Median unit price | $235K | $850K |
| Gross rental yield (houses) | - | 2.52% |
| Gross rental yield (units) | 5.49% | 4.95% |
| 1-year house growth | - | +10.0% |
| 3-year house growth | - | +33.4% |
| Vacancy rate | 1.8% | 0.3% |
| Population | 603 | 3,398 |
Parklands vs South Fremantle: what the numbers say
The median house price is $2.0M in Parklands and $2M in South Fremantle, so South Fremantle is the cheaper entry point, with Parklands houses about 2% dearer.
For units, Parklands sits at a median of $235K against $850K in South Fremantle, which makes Parklands the more affordable unit market and South Fremantle the pricier one.
Rental vacancy is 0.3% in South Fremantle and 1.8% in Parklands, so landlords in South Fremantle face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.
South Fremantle is the bigger suburb, with a population of 3,398 against 603, roughly 6 times the size of Parklands; a larger suburb usually means a deeper pool of buyers and tenants.
In short: South Fremantle for a lower purchase price, South Fremantle 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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South Fremantle, WA 6162
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