Alfred Cove vs Treeby
Property investment comparison - Alfred Cove, WA 6154 vs Treeby, WA 6164
Head-to-head across core investment metrics: Alfred Cove wins 2, Treeby 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.
| Metric | Alfred Cove | Treeby |
|---|---|---|
| Median house price | $1.6M | - |
| Median unit price | $740K | - |
| Gross rental yield (houses) | 3.10% | - |
| Gross rental yield (units) | 5.26% | 4.56% |
| 1-year house growth | +11.9% | +16.1% |
| 3-year house growth | +59.5% | +55.3% |
| Vacancy rate | 1.1% | 0.4% |
| Population | 2,830 | 4,214 |
Alfred Cove vs Treeby: what the numbers say
Over the past year house prices moved +11.9% in Alfred Cove and +16.1% in Treeby, so recent momentum favours Treeby, although both suburbs recorded growth.
Looking back three years, Alfred Cove houses are +59.5% and Treeby houses +55.3%, so Alfred Cove has compounded faster than Treeby over the longer window.
Rental vacancy is 0.4% in Treeby and 1.1% in Alfred Cove, so landlords in Treeby face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.
Treeby is the bigger suburb, with a population of 4,214 against 2,830, larger than Alfred Cove; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Treeby for recent price momentum, Treeby 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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