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Alfred Cove vs Whitby

Property investment comparison - Alfred Cove, WA 6154 vs Whitby, WA 6123

Head-to-head across core investment metrics: Alfred Cove wins 1, Whitby wins 4. 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 CoveWhitby
Median house price$1.6M-
Median unit price$740K$560K
Gross rental yield (houses)3.10%-
Gross rental yield (units)5.26%6.71%
1-year house growth+11.9%+22.0%
3-year house growth+59.5%+67.7%
Vacancy rate1.1%4.8%
Population2,8301,005

Alfred Cove vs Whitby: what the numbers say

For units, Alfred Cove sits at a median of $740K against $560K in Whitby, which makes Whitby the more affordable unit market and Alfred Cove the pricier one.

Over the past year house prices moved +11.9% in Alfred Cove and +22.0% in Whitby, so recent momentum favours Whitby, although both suburbs recorded growth.

Looking back three years, Alfred Cove houses are +59.5% and Whitby houses +67.7%, so Whitby has compounded faster than Alfred Cove over the longer window.

Rental vacancy is 1.1% in Alfred Cove and 4.8% in Whitby, 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.

Alfred Cove is the bigger suburb, with a population of 2,830 against 1,005, roughly 2.8 times the size of Whitby; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Whitby 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.

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