Alkimos vs Cable Beach
Property investment comparison - Alkimos, WA 6038 vs Cable Beach, WA 6726
Head-to-head across core investment metrics: Alkimos wins 2, Cable Beach 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 | Alkimos | Cable Beach |
|---|---|---|
| Median house price | $850K | - |
| Median unit price | - | $400K |
| Gross rental yield (houses) | 4.30% | 7.45% |
| Gross rental yield (units) | 5.18% | - |
| 1-year house growth | +18.2% | +8.7% |
| 3-year house growth | +72.9% | +23.4% |
| Vacancy rate | 2.0% | 0.9% |
| Population | 10,203 | 5,730 |
Alkimos vs Cable Beach: what the numbers say
On cash flow, Cable Beach leads: houses there return a gross rental yield of 7.45%, compared with 4.30% in Alkimos, a gap of 3.15 percentage points.
Over the past year house prices moved +18.2% in Alkimos and +8.7% in Cable Beach, so recent momentum favours Alkimos, although both suburbs recorded growth.
Looking back three years, Alkimos houses are +72.9% and Cable Beach houses +23.4%, so Alkimos has compounded faster than Cable Beach over the longer window.
Rental vacancy is 0.9% in Cable Beach and 2.0% in Alkimos, so landlords in Cable Beach 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 5,730, larger than Cable Beach; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Cable Beach for rental income, Alkimos for recent price momentum, Cable Beach 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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