Alfred Cove vs Koondoola
Property investment comparison - Alfred Cove, WA 6154 vs Koondoola, WA 6064
Head-to-head across core investment metrics: Alfred Cove wins 0, Koondoola 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.
| Metric | Alfred Cove | Koondoola |
|---|---|---|
| Median house price | $1.6M | - |
| Median unit price | $740K | - |
| Gross rental yield (houses) | 3.10% | 4.58% |
| Gross rental yield (units) | 5.26% | 5.39% |
| 1-year house growth | +11.9% | +22.8% |
| 3-year house growth | +59.5% | +84.8% |
| Vacancy rate | 1.1% | 0.9% |
| Population | 2,830 | 3,919 |
Alfred Cove vs Koondoola: what the numbers say
On cash flow, Koondoola leads: houses there return a gross rental yield of 4.58%, compared with 3.10% in Alfred Cove, a gap of 1.48 percentage points.
Over the past year house prices moved +11.9% in Alfred Cove and +22.8% in Koondoola, so recent momentum favours Koondoola, although both suburbs recorded growth.
Looking back three years, Alfred Cove houses are +59.5% and Koondoola houses +84.8%, so Koondoola has compounded faster than Alfred Cove over the longer window.
Rental vacancy is 0.9% in Koondoola and 1.1% in Alfred Cove, so landlords in Koondoola face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.
Koondoola is the bigger suburb, with a population of 3,919 against 2,830, larger than Alfred Cove; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Koondoola for rental income, Koondoola for recent price momentum, Koondoola 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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