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Alfred Cove vs Busselton

Property investment comparison - Alfred Cove, WA 6154 vs Busselton, WA 6280

Head-to-head across core investment metrics: Alfred Cove wins 1, Busselton 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.

MetricAlfred CoveBusselton
Median house price$1.6M-
Median unit price$740K$855K
Gross rental yield (houses)3.10%3.54%
Gross rental yield (units)5.26%-
1-year house growth+11.9%+22.5%estimate
3-year house growth+59.5%-
Vacancy rate1.1%1.0%
Population2,8301,838

Alfred Cove vs Busselton: what the numbers say

For units, Alfred Cove sits at a median of $740K against $855K in Busselton, which makes Alfred Cove the more affordable unit market and Busselton the pricier one.

On cash flow, Busselton leads: houses there return a gross rental yield of 3.54%, compared with 3.10% in Alfred Cove, a gap of 0.44 percentage points.

Over the past year house prices moved +11.9% in Alfred Cove and +22.5% in Busselton (an estimate), so recent momentum favours Busselton, although both suburbs recorded growth.

Rental vacancy is 1.0% in Busselton and 1.1% in Alfred Cove, so landlords in Busselton face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Alfred Cove is the bigger suburb, with a population of 2,830 against 1,838, larger than Busselton; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Busselton for rental income, Busselton for recent price momentum, Busselton 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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