Alfred Cove vs North Coogee
Property investment comparison - Alfred Cove, WA 6154 vs North Coogee, WA 6163
Head-to-head across core investment metrics: Alfred Cove wins 3, North Coogee 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 | North Coogee |
|---|---|---|
| Median house price | $1.6M | - |
| Median unit price | $740K | $900K |
| Gross rental yield (houses) | 3.10% | 3.33% |
| Gross rental yield (units) | 5.26% | - |
| 1-year house growth | +11.9% | +6.4%estimate |
| 3-year house growth | +59.5% | - |
| Vacancy rate | 1.1% | 2.0% |
| Population | 2,830 | 3,741 |
Alfred Cove vs North Coogee: what the numbers say
For units, Alfred Cove sits at a median of $740K against $900K in North Coogee, which makes Alfred Cove the more affordable unit market and North Coogee the pricier one.
On cash flow, North Coogee leads: houses there return a gross rental yield of 3.33%, compared with 3.10% in Alfred Cove, a gap of 0.23 percentage points.
Over the past year house prices moved +11.9% in Alfred Cove and +6.4% in North Coogee (an estimate), so recent momentum favours Alfred Cove, although both suburbs recorded growth.
Rental vacancy is 1.1% in Alfred Cove and 2.0% in North Coogee, 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.
North Coogee is the bigger suburb, with a population of 3,741 against 2,830, larger than Alfred Cove; a larger suburb usually means a deeper pool of buyers and tenants.
In short: North Coogee for rental income, Alfred Cove 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.
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
Compare any 2-4 Australian suburbs
Build your own multi-suburb comparison with the full interactive tool.
Open interactive comparison