Alfred Cove vs Karragullen
Property investment comparison - Alfred Cove, WA 6154 vs Karragullen, WA 6111
Head-to-head across core investment metrics: Alfred Cove wins 0, Karragullen 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.
| Metric | Alfred Cove | Karragullen |
|---|---|---|
| Median house price | $1.6M | - |
| Median unit price | $740K | $210K |
| Gross rental yield (houses) | 3.10% | - |
| Gross rental yield (units) | 5.26% | 7.60% |
| 1-year house growth | +11.9% | - |
| 3-year house growth | +59.5% | - |
| Vacancy rate | 1.1% | 0.8% |
| Population | 2,830 | 395 |
Alfred Cove vs Karragullen: what the numbers say
For units, Alfred Cove sits at a median of $740K against $210K in Karragullen, which makes Karragullen the more affordable unit market and Alfred Cove the pricier one.
Rental vacancy is 0.8% in Karragullen and 1.1% in Alfred Cove, so landlords in Karragullen 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 395, roughly 7 times the size of Karragullen; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Karragullen 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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