Alkimos vs Merriwa
Property investment comparison - Alkimos, WA 6038 vs Merriwa, WA 6030
Head-to-head across core investment metrics: Alkimos wins 1, Merriwa wins 4. 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 | Merriwa |
|---|---|---|
| Median house price | $850K | $845K |
| Median unit price | - | - |
| Gross rental yield (houses) | 4.30% | - |
| Gross rental yield (units) | 5.18% | 4.62% |
| 1-year house growth | +18.2% | +21.4% |
| 3-year house growth | +72.9% | +77.5% |
| Vacancy rate | 2.0% | 0.5% |
| Population | 10,203 | 5,587 |
Alkimos vs Merriwa: what the numbers say
The median house price is $850K in Alkimos and $845K in Merriwa, so Merriwa is the cheaper entry point, with Alkimos houses about 1% dearer.
Over the past year house prices moved +18.2% in Alkimos and +21.4% in Merriwa, so recent momentum favours Merriwa, although both suburbs recorded growth.
Looking back three years, Alkimos houses are +72.9% and Merriwa houses +77.5%, so Merriwa has compounded faster than Alkimos over the longer window.
Rental vacancy is 0.5% in Merriwa and 2.0% in Alkimos, so landlords in Merriwa 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 5,587, larger than Merriwa; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Merriwa for a lower purchase price, Merriwa for recent price momentum, Merriwa 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
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