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Alkimos vs Cannington

Property investment comparison - Alkimos, WA 6038 vs Cannington, WA 6107

Head-to-head across core investment metrics: Alkimos wins 0, Cannington 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.

MetricAlkimosCannington
Median house price$850K-
Median unit price-$655K
Gross rental yield (houses)4.30%-
Gross rental yield (units)5.18%-
1-year house growth+18.2%-
3-year house growth+72.9%+78.0%
Vacancy rate2.0%1.1%
Population10,2036,875

Alkimos vs Cannington: what the numbers say

Looking back three years, Alkimos houses are +72.9% and Cannington houses +78.0%, so Cannington has compounded faster than Alkimos over the longer window.

Rental vacancy is 1.1% in Cannington and 2.0% in Alkimos, so landlords in Cannington 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 6,875, larger than Cannington; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Cannington 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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