Alfred Cove vs Midland
Property investment comparison - Alfred Cove, WA 6154 vs Midland, WA 6056
Head-to-head across core investment metrics: Alfred Cove wins 0, Midland 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 | Midland |
|---|---|---|
| Median house price | $1.6M | - |
| Median unit price | $740K | $580K |
| Gross rental yield (houses) | 3.10% | 4.75% |
| Gross rental yield (units) | 5.26% | 5.40% |
| 1-year house growth | +11.9% | +23.2%estimate |
| 3-year house growth | +59.5% | - |
| Vacancy rate | 1.1% | 0.3% |
| Population | 2,830 | 6,335 |
Alfred Cove vs Midland: what the numbers say
For units, Alfred Cove sits at a median of $740K against $580K in Midland, which makes Midland the more affordable unit market and Alfred Cove the pricier one.
On cash flow, Midland leads: houses there return a gross rental yield of 4.75%, compared with 3.10% in Alfred Cove, a gap of 1.65 percentage points.
Over the past year house prices moved +11.9% in Alfred Cove and +23.2% in Midland (an estimate), so recent momentum favours Midland, although both suburbs recorded growth.
Rental vacancy is 0.3% in Midland and 1.1% in Alfred Cove, so landlords in Midland face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.
Midland is the bigger suburb, with a population of 6,335 against 2,830, roughly 2.2 times the size of Alfred Cove; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Midland for rental income, Midland for recent price momentum, Midland 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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