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Alfred Cove vs Mandurah

Property investment comparison - Alfred Cove, WA 6154 vs Mandurah, WA 6210

Head-to-head across core investment metrics: Alfred Cove wins 2, Mandurah 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 CoveMandurah
Median house price$1.6M-
Median unit price$740K$615K
Gross rental yield (houses)3.10%-
Gross rental yield (units)5.26%5.11%
1-year house growth+11.9%+19.6%estimate
3-year house growth+59.5%-
Vacancy rate1.1%1.5%
Population2,8308,804

Alfred Cove vs Mandurah: what the numbers say

For units, Alfred Cove sits at a median of $740K against $615K in Mandurah, which makes Mandurah the more affordable unit market and Alfred Cove the pricier one.

Over the past year house prices moved +11.9% in Alfred Cove and +19.6% in Mandurah (an estimate), so recent momentum favours Mandurah, although both suburbs recorded growth.

Rental vacancy is 1.1% in Alfred Cove and 1.5% in Mandurah, 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.

Mandurah is the bigger suburb, with a population of 8,804 against 2,830, roughly 3.1 times the size of Alfred Cove; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Mandurah for recent price momentum, 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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