Alfred Cove vs Munster
Property investment comparison - Alfred Cove, WA 6154 vs Munster, WA 6166
Head-to-head across core investment metrics: Alfred Cove wins 0, Munster wins 1. 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 | Munster |
|---|---|---|
| Median house price | $1.6M | - |
| Median unit price | $740K | - |
| Gross rental yield (houses) | 3.10% | - |
| Gross rental yield (units) | 5.26% | - |
| 1-year house growth | +11.9% | - |
| 3-year house growth | +59.5% | - |
| Vacancy rate | 1.1% | 0.3% |
| Population | 2,830 | 199 |
Alfred Cove vs Munster: what the numbers say
Rental vacancy is 0.3% in Munster and 1.1% in Alfred Cove, so landlords in Munster 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 199, roughly 14 times the size of Munster; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Munster 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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