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Alkimos vs Mira Mar

Property investment comparison - Alkimos, WA 6038 vs Mira Mar, WA 6330

Head-to-head across core investment metrics: Alkimos wins 3, Mira Mar wins 1. 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.

MetricAlkimosMira Mar
Median house price$850K-
Median unit price-$485K
Gross rental yield (houses)4.30%3.74%
Gross rental yield (units)5.18%4.93%
1-year house growth+18.2%-
3-year house growth+72.9%+72.0%
Vacancy rate2.0%0.5%
Population10,2031,890

Alkimos vs Mira Mar: what the numbers say

On cash flow, Alkimos leads: houses there return a gross rental yield of 4.30%, compared with 3.74% in Mira Mar, a gap of 0.56 percentage points.

Looking back three years, Alkimos houses are +72.9% and Mira Mar houses +72.0%, so Alkimos has compounded faster than Mira Mar over the longer window.

Rental vacancy is 0.5% in Mira Mar and 2.0% in Alkimos, so landlords in Mira Mar 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 1,890, roughly 5 times the size of Mira Mar; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Alkimos for rental income, Mira Mar 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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