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Alkimos vs Broome

Property investment comparison - Alkimos, WA 6038 vs Broome, WA 6725

Head-to-head across core investment metrics: Alkimos wins 1, Broome 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.

MetricAlkimosBroome
Median house price$850K-
Median unit price-$335K
Gross rental yield (houses)4.30%7.29%
Gross rental yield (units)5.18%-
1-year house growth+18.2%+8.5%estimate
3-year house growth+72.9%-
Vacancy rate2.0%0.9%
Population10,2033,797

Alkimos vs Broome: what the numbers say

On cash flow, Broome leads: houses there return a gross rental yield of 7.29%, compared with 4.30% in Alkimos, a gap of 2.99 percentage points.

Over the past year house prices moved +18.2% in Alkimos and +8.5% in Broome (an estimate), so recent momentum favours Alkimos, although both suburbs recorded growth.

Rental vacancy is 0.9% in Broome and 2.0% in Alkimos, so landlords in Broome face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Alkimos is the bigger suburb, with a population of 10,203 against 3,797, roughly 2.7 times the size of Broome; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Broome for rental income, Alkimos for recent price momentum, Broome 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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