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Alfred Cove vs Cannington

Property investment comparison - Alfred Cove, WA 6154 vs Cannington, WA 6107

Head-to-head across core investment metrics: Alfred Cove wins 0, Cannington 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 CoveCannington
Median house price$1.6M-
Median unit price$740K$655K
Gross rental yield (houses)3.10%-
Gross rental yield (units)5.26%-
1-year house growth+11.9%-
3-year house growth+59.5%+78.0%
Vacancy rate1.1%1.1%
Population2,8306,875

Alfred Cove vs Cannington: what the numbers say

For units, Alfred Cove sits at a median of $740K against $655K in Cannington, which makes Cannington the more affordable unit market and Alfred Cove the pricier one.

Looking back three years, Alfred Cove houses are +59.5% and Cannington houses +78.0%, so Cannington has compounded faster than Alfred Cove over the longer window.

Rental vacancy is the same in both, at 1.1%.

Cannington is the bigger suburb, with a population of 6,875 against 2,830, roughly 2.4 times the size of Alfred Cove; a larger suburb usually means a deeper pool of buyers and tenants.

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