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Alkimos vs Greenfields

Property investment comparison - Alkimos, WA 6038 vs Greenfields, WA 6210

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

MetricAlkimosGreenfields
Median house price$850K-
Median unit price--
Gross rental yield (houses)4.30%4.50%
Gross rental yield (units)5.18%5.20%
1-year house growth+18.2%+17.3%estimate
3-year house growth+72.9%-
Vacancy rate2.0%1.8%
Population10,2039,869

Alkimos vs Greenfields: what the numbers say

On cash flow, Greenfields leads: houses there return a gross rental yield of 4.50%, compared with 4.30% in Alkimos, a gap of 0.20 percentage points.

Over the past year house prices moved +18.2% in Alkimos and +17.3% in Greenfields (an estimate), so recent momentum favours Alkimos, although both suburbs recorded growth.

Rental vacancy is 1.8% in Greenfields and 2.0% in Alkimos, so landlords in Greenfields 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 9,869, larger than Greenfields; a larger suburb usually means a deeper pool of buyers and tenants.

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