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Tarcoola Beach vs Wandina

Property investment comparison - Tarcoola Beach, WA 6530 vs Wandina, WA 6530

Head-to-head across core investment metrics: Tarcoola Beach wins 2, Wandina 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.

MetricTarcoola BeachWandina
Median house price$715K$715K
Median unit price$730K-
Gross rental yield (houses)4.80%5.05%
Gross rental yield (units)2.95%3.69%
1-year house growth-+16.3%
3-year house growth+62.8%+51.5%
Vacancy rate0.9%1.2%
Population1,3604,375

Tarcoola Beach vs Wandina: what the numbers say

Houses cost about the same in both suburbs: the median house price is $715K in Tarcoola Beach and $715K in Wandina.

On cash flow, Wandina leads: houses there return a gross rental yield of 5.05%, compared with 4.80% in Tarcoola Beach, a gap of 0.25 percentage points.

Looking back three years, Tarcoola Beach houses are +62.8% and Wandina houses +51.5%, so Tarcoola Beach has compounded faster than Wandina over the longer window.

Rental vacancy is 0.9% in Tarcoola Beach and 1.2% in Wandina, so landlords in Tarcoola Beach face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Wandina is the bigger suburb, with a population of 4,375 against 1,360, roughly 3.2 times the size of Tarcoola Beach; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Wandina for rental income, Tarcoola 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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