Alkimos vs Kalamunda
Property investment comparison - Alkimos, WA 6038 vs Kalamunda, WA 6076
Head-to-head across core investment metrics: Alkimos wins 2, Kalamunda 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 | Kalamunda |
|---|---|---|
| Median house price | $850K | - |
| Median unit price | - | $785K |
| Gross rental yield (houses) | 4.30% | - |
| Gross rental yield (units) | 5.18% | 4.07% |
| 1-year house growth | +18.2% | +18.9% |
| 3-year house growth | +72.9% | +64.1% |
| Vacancy rate | 2.0% | 0.3% |
| Population | 10,203 | 7,163 |
Alkimos vs Kalamunda: what the numbers say
Over the past year house prices moved +18.2% in Alkimos and +18.9% in Kalamunda, so recent momentum favours Kalamunda, although both suburbs recorded growth.
Looking back three years, Alkimos houses are +72.9% and Kalamunda houses +64.1%, so Alkimos has compounded faster than Kalamunda over the longer window.
Rental vacancy is 0.3% in Kalamunda and 2.0% in Alkimos, so landlords in Kalamunda 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 7,163, larger than Kalamunda; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Kalamunda for recent price momentum, Kalamunda 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