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Alkimos vs Millendon

Property investment comparison - Alkimos, WA 6038 vs Millendon, WA 6056

Head-to-head across core investment metrics: Alkimos wins 3, Millendon 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.

MetricAlkimosMillendon
Median house price$850K-
Median unit price-$820K
Gross rental yield (houses)4.30%1.78%
Gross rental yield (units)5.18%5.10%
1-year house growth+18.2%-
3-year house growth+72.9%-
Vacancy rate2.0%4.9%
Population10,203490

Alkimos vs Millendon: what the numbers say

On cash flow, Alkimos leads: houses there return a gross rental yield of 4.30%, compared with 1.78% in Millendon, a gap of 2.52 percentage points.

Rental vacancy is 2.0% in Alkimos and 4.9% in Millendon, so landlords in Alkimos face less competition for tenants.

Alkimos is the bigger suburb, with a population of 10,203 against 490, roughly 21 times the size of Millendon; 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.

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