Alkimos vs Hovea
Property investment comparison - Alkimos, WA 6038 vs Hovea, WA 6071
Head-to-head across core investment metrics: Alkimos wins 3, Hovea wins 0. 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 | Hovea |
|---|---|---|
| Median house price | $850K | - |
| Median unit price | - | $755K |
| Gross rental yield (houses) | 4.30% | 1.89% |
| Gross rental yield (units) | 5.18% | 1.96% |
| 1-year house growth | +18.2% | - |
| 3-year house growth | +72.9% | - |
| Vacancy rate | 2.0% | 9.2% |
| Population | 10,203 | 713 |
Alkimos vs Hovea: what the numbers say
On cash flow, Alkimos leads: houses there return a gross rental yield of 4.30%, compared with 1.89% in Hovea, a gap of 2.41 percentage points.
Rental vacancy is 2.0% in Alkimos and 9.2% in Hovea, so landlords in Alkimos face less competition for tenants.
Alkimos is the bigger suburb, with a population of 10,203 against 713, roughly 14 times the size of Hovea; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Alkimos for rental income, Alkimos 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
Compare any 2-4 Australian suburbs
Build your own multi-suburb comparison with the full interactive tool.
Open interactive comparison