Walmsley vs Woodvale
Property investment comparison - Walmsley, WA 6330 vs Woodvale, WA 6026
Head-to-head across core investment metrics: Walmsley wins 2, Woodvale wins 3. 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 | Walmsley | Woodvale |
|---|---|---|
| Median house price | $1.3M | $1.4M |
| Median unit price | $755K | $625K |
| Gross rental yield (houses) | 2.93% | 3.62% |
| Gross rental yield (units) | 3.86% | 3.74% |
| 1-year house growth | - | +19.8% |
| 3-year house growth | - | +72.1% |
| Vacancy rate | 2.5% | 1.8% |
| Population | 47 | 9,579 |
Walmsley vs Woodvale: what the numbers say
The median house price is $1.3M in Walmsley and $1.4M in Woodvale, so Walmsley is the cheaper entry point, with Woodvale houses about 1% dearer.
For units, Walmsley sits at a median of $755K against $625K in Woodvale, which makes Woodvale the more affordable unit market and Walmsley the pricier one.
On cash flow, Woodvale leads: houses there return a gross rental yield of 3.62%, compared with 2.93% in Walmsley, a gap of 0.69 percentage points.
Rental vacancy is 1.8% in Woodvale and 2.5% in Walmsley, so landlords in Woodvale face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.
Woodvale is the bigger suburb, with a population of 9,579 against 47, roughly 204 times the size of Walmsley; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Woodvale for rental income, Walmsley for a lower purchase price, Woodvale 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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