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Alfred Cove vs Middleton Beach

Property investment comparison - Alfred Cove, WA 6154 vs Middleton Beach, WA 6330

Head-to-head across core investment metrics: Alfred Cove wins 2, Middleton Beach 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 CoveMiddleton Beach
Median house price$1.6M-
Median unit price$740K-
Gross rental yield (houses)3.10%2.27%
Gross rental yield (units)5.26%3.71%
1-year house growth+11.9%-
3-year house growth+59.5%+77.4%
Vacancy rate1.1%0.6%
Population2,830759

Alfred Cove vs Middleton Beach: what the numbers say

On cash flow, Alfred Cove leads: houses there return a gross rental yield of 3.10%, compared with 2.27% in Middleton Beach, a gap of 0.83 percentage points.

Looking back three years, Alfred Cove houses are +59.5% and Middleton Beach houses +77.4%, so Middleton Beach has compounded faster than Alfred Cove over the longer window.

Rental vacancy is 0.6% in Middleton Beach and 1.1% in Alfred Cove, so landlords in Middleton Beach 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 759, roughly 3.7 times the size of Middleton Beach; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Alfred Cove for rental income, Middleton Beach 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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