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Alkimos vs Koondoola

Property investment comparison - Alkimos, WA 6038 vs Koondoola, WA 6064

Head-to-head across core investment metrics: Alkimos wins 0, Koondoola wins 5. 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.

MetricAlkimosKoondoola
Median house price$850K-
Median unit price--
Gross rental yield (houses)4.30%4.58%
Gross rental yield (units)5.18%5.39%
1-year house growth+18.2%+22.8%
3-year house growth+72.9%+84.8%
Vacancy rate2.0%0.9%
Population10,2033,919

Alkimos vs Koondoola: what the numbers say

On cash flow, Koondoola leads: houses there return a gross rental yield of 4.58%, compared with 4.30% in Alkimos, a gap of 0.28 percentage points.

Over the past year house prices moved +18.2% in Alkimos and +22.8% in Koondoola, so recent momentum favours Koondoola, although both suburbs recorded growth.

Looking back three years, Alkimos houses are +72.9% and Koondoola houses +84.8%, so Koondoola has compounded faster than Alkimos over the longer window.

Rental vacancy is 0.9% in Koondoola and 2.0% in Alkimos, so landlords in Koondoola 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 3,919, roughly 2.6 times the size of Koondoola; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Koondoola for rental income, Koondoola for recent price momentum, Koondoola 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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