Alfred Cove vs Picton East
Property investment comparison - Alfred Cove, WA 6154 vs Picton East, WA 6229
Head-to-head across core investment metrics: Alfred Cove wins 2, Picton East 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 | Picton East |
|---|---|---|
| Median house price | $1.6M | $1.7M |
| Median unit price | $740K | $365K |
| Gross rental yield (houses) | 3.10% | - |
| Gross rental yield (units) | 5.26% | 2.93% |
| 1-year house growth | +11.9% | - |
| 3-year house growth | +59.5% | - |
| Vacancy rate | 1.1% | - |
| Population | 2,830 | 141 |
Alfred Cove vs Picton East: what the numbers say
The median house price is $1.6M in Alfred Cove and $1.7M in Picton East, so Alfred Cove is the cheaper entry point, with Picton East houses about 1% dearer.
For units, Alfred Cove sits at a median of $740K against $365K in Picton East, which makes Picton East the more affordable unit market and Alfred Cove the pricier one.
Alfred Cove is the bigger suburb, with a population of 2,830 against 141, roughly 20 times the size of Picton East; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Alfred Cove for a lower purchase price. 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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