Programmatic ranking · 2026

Best WA suburbs to invest in under $1.2M

28 suburbs match this filter today. Average 5-year capital growth across them is 9.8%/yr; average gross yield is 2.4%. The dominant signal right now is population growth — Population inflow is the strongest current signal in this filter — demand is building ahead of supply. Top pick: Morley (67/100). 10.4%/yr capital growth, population +12.6% (5y).

Last updated: May 2026.

Score legend · 0–40 weak · 40–60 moderate · 60–75 strong · 75+ exceptional. Scores blend growth, yield, demand and infrastructure signals against your strategy. Full methodology →

#1
Morley
10.4%/yr capital growth, population +12.6% (5y).
5y growth · 10.4%/yr
1.0% vacancy
67
Growth🟢 Under budget
Drivers
Capital growth10.4%/yr
Population growth+12.6% (5y)
Supply tightening-9.0% YoY
Tight rentals1.0%
Risks
No major construction project in this state
6062 · BayswaterCompare investment case
#2
Baldivis
12.2%/yr capital growth, population +12.6% (5y).
5y growth · 12.2%/yr
1.2% vacancy
66
Growth🟢 Under budget
Drivers
Capital growth12.2%/yr
Population growth+12.6% (5y)
Tight rentals1.2%
Supply tightening-4.0% YoY
Risks
No major construction project in this state
6171 · RockinghamCompare investment case
#3
Ellenbrook
11.8%/yr capital growth, population +12.6% (5y).
5y growth · 11.8%/yr
1.2% vacancy
66
Growth🟢 Under budget
Drivers
Capital growth11.8%/yr
Population growth+12.6% (5y)
Tight rentals1.2%
Supply tightening-4.0% YoY
Risks
No major construction project in this state
6069 · SwanCompare investment case
#4
Midland
10.5%/yr capital growth, population +12.6% (5y).
5y growth · 10.5%/yr
1.2% vacancy
66
Growth🟢 Under budget
Drivers
Capital growth10.5%/yr
Population growth+12.6% (5y)
Tight rentals1.2%
Supply tightening-4.0% YoY
Risks
No major construction project in this state
6056 · SwanCompare investment case
#5
Tuart Hill
population +12.6% (5y), 9.8%/yr capital growth.
5y growth · 9.8%/yr
1.0% vacancy
65
Growth🟢 Under budget
Drivers
Population growth+12.6% (5y)
Capital growth9.8%/yr
Supply tightening-9.0% YoY
Tight rentals1.0%
Risks
Thin gross yield (2.0%)
No major construction project in this state
6060 · StirlingCompare investment case
#6
Currambine
11.2%/yr capital growth, population +12.6% (5y).
5y growth · 11.2%/yr
1.2% vacancy
65
Growth🟢 Under budget
Drivers
Capital growth11.2%/yr
Population growth+12.6% (5y)
Tight rentals1.2%
Supply tightening-4.0% YoY
Risks
No major construction project in this state
6028 · JoondalupCompare investment case
#7
Armadale
11.8%/yr capital growth, population +12.6% (5y).
5y growth · 11.8%/yr
1.2% vacancy
65
Growth🟢 Under budget
Drivers
Capital growth11.8%/yr
Population growth+12.6% (5y)
Tight rentals1.2%
Supply tightening-4.0% YoY
Risks
No major construction project in this state
6112 · ArmadaleCompare investment case
#8
Rockingham
11.4%/yr capital growth, population +12.6% (5y).
5y growth · 11.4%/yr
1.2% vacancy
65
Growth🟢 Under budget
Drivers
Capital growth11.4%/yr
Population growth+12.6% (5y)
Tight rentals1.2%
Supply tightening-4.0% YoY
Risks
No major construction project in this state
6168 · RockinghamCompare investment case
#9
Joondalup
10.8%/yr capital growth, population +12.6% (5y).
5y growth · 10.8%/yr
1.2% vacancy
64
Growth🟢 Under budget
Drivers
Capital growth10.8%/yr
Population growth+12.6% (5y)
Tight rentals1.2%
Supply tightening-4.0% YoY
Risks
No major construction project in this state
6027 · JoondalupCompare investment case
#10
Cannington
10.8%/yr capital growth, population +12.6% (5y).
5y growth · 10.8%/yr
1.2% vacancy
64
Growth🟢 Under budget
Drivers
Capital growth10.8%/yr
Population growth+12.6% (5y)
Tight rentals1.2%
Supply tightening-4.0% YoY
Risks
No major construction project in this state
6107 · CanningCompare investment case

Best WA suburbs to invest in under $1.2M

Morley

Baldivis

Ellenbrook

Midland

Tuart Hill

Currambine

Armadale

Rockingham

Joondalup

Cannington

Other budgets in WA

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