Alfred Cove vs Karawara
Property investment comparison - Alfred Cove, WA 6154 vs Karawara, WA 6152
Head-to-head across core investment metrics: Alfred Cove wins 3, Karawara 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.
| Metric | Alfred Cove | Karawara |
|---|---|---|
| Median house price | $1.6M | - |
| Median unit price | $740K | $1.1M |
| Gross rental yield (houses) | 3.10% | - |
| Gross rental yield (units) | 5.26% | 3.56% |
| 1-year house growth | +11.9% | +17.0% |
| 3-year house growth | +59.5% | +58.1% |
| Vacancy rate | 1.1% | 0.3% |
| Population | 2,830 | 1,842 |
Alfred Cove vs Karawara: what the numbers say
For units, Alfred Cove sits at a median of $740K against $1.1M in Karawara, which makes Alfred Cove the more affordable unit market and Karawara the pricier one.
Over the past year house prices moved +11.9% in Alfred Cove and +17.0% in Karawara, so recent momentum favours Karawara, although both suburbs recorded growth.
Looking back three years, Alfred Cove houses are +59.5% and Karawara houses +58.1%, so Alfred Cove has compounded faster than Karawara over the longer window.
Rental vacancy is 0.3% in Karawara and 1.1% in Alfred Cove, so landlords in Karawara 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 1,842, larger than Karawara; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Karawara for recent price momentum, Karawara for the tighter rental market. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.
Keep exploring
- National investment guide - top suburbs across every metric
- Take the suburb finder quiz - 5 questions to match your goals
- How our investment score works
- Property investment glossary - every term defined
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