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Alfred Cove vs Collingwood Heights

Property investment comparison - Alfred Cove, WA 6154 vs Collingwood Heights, WA 6330

Head-to-head across core investment metrics: Alfred Cove wins 2, Collingwood Heights 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.

MetricAlfred CoveCollingwood Heights
Median house price$1.6M-
Median unit price$740K$495K
Gross rental yield (houses)3.10%2.55%
Gross rental yield (units)5.26%6.28%
1-year house growth+11.9%-
3-year house growth+59.5%-
Vacancy rate1.1%1.4%
Population2,830694

Alfred Cove vs Collingwood Heights: what the numbers say

For units, Alfred Cove sits at a median of $740K against $495K in Collingwood Heights, which makes Collingwood Heights the more affordable unit market and Alfred Cove the pricier one.

On cash flow, Alfred Cove leads: houses there return a gross rental yield of 3.10%, compared with 2.55% in Collingwood Heights, a gap of 0.55 percentage points.

Rental vacancy is 1.1% in Alfred Cove and 1.4% in Collingwood Heights, so landlords in Alfred Cove 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 694, roughly 4.1 times the size of Collingwood Heights; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Alfred Cove for rental income, Alfred Cove 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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