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Alfred Cove vs Utakarra

Property investment comparison - Alfred Cove, WA 6154 vs Utakarra, WA 6530

Head-to-head across core investment metrics: Alfred Cove wins 1, Utakarra wins 3. 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.

MetricAlfred CoveUtakarra
Median house price$1.6M-
Median unit price$740K-
Gross rental yield (houses)3.10%-
Gross rental yield (units)5.26%5.53%
1-year house growth+11.9%+18.2%
3-year house growth+59.5%+33.7%
Vacancy rate1.1%1.1%
Population2,8301,467

Alfred Cove vs Utakarra: what the numbers say

Over the past year house prices moved +11.9% in Alfred Cove and +18.2% in Utakarra, so recent momentum favours Utakarra, although both suburbs recorded growth.

Looking back three years, Alfred Cove houses are +59.5% and Utakarra houses +33.7%, so Alfred Cove has compounded faster than Utakarra over the longer window.

Rental vacancy is the same in both, at 1.1%.

Alfred Cove is the bigger suburb, with a population of 2,830 against 1,467, larger than Utakarra; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Utakarra for recent price momentum. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.

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