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Alfred Cove vs Hammond Park

Property investment comparison - Alfred Cove, WA 6154 vs Hammond Park, WA 6164

Head-to-head across core investment metrics: Alfred Cove wins 0, Hammond Park wins 5. 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 CoveHammond Park
Median house price$1.6M-
Median unit price$740K$650K
Gross rental yield (houses)3.10%-
Gross rental yield (units)5.26%5.76%
1-year house growth+11.9%+22.5%
3-year house growth+59.5%+66.0%
Vacancy rate1.1%0.9%
Population2,8306,985

Alfred Cove vs Hammond Park: what the numbers say

For units, Alfred Cove sits at a median of $740K against $650K in Hammond Park, which makes Hammond Park the more affordable unit market and Alfred Cove the pricier one.

Over the past year house prices moved +11.9% in Alfred Cove and +22.5% in Hammond Park, so recent momentum favours Hammond Park, although both suburbs recorded growth.

Looking back three years, Alfred Cove houses are +59.5% and Hammond Park houses +66.0%, so Hammond Park has compounded faster than Alfred Cove over the longer window.

Rental vacancy is 0.9% in Hammond Park and 1.1% in Alfred Cove, so landlords in Hammond Park face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Hammond Park is the bigger suburb, with a population of 6,985 against 2,830, roughly 2.5 times the size of Alfred Cove; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Hammond Park for recent price momentum, Hammond Park 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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