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Alkimos vs Munster

Property investment comparison - Alkimos, WA 6038 vs Munster, WA 6166

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

MetricAlkimosMunster
Median house price$850K-
Median unit price--
Gross rental yield (houses)4.30%-
Gross rental yield (units)5.18%-
1-year house growth+18.2%-
3-year house growth+72.9%-
Vacancy rate2.0%0.3%
Population10,203199

Alkimos vs Munster: what the numbers say

Rental vacancy is 0.3% in Munster and 2.0% in Alkimos, so landlords in Munster 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 199, roughly 51 times the size of Munster; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Munster 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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Alkimos vs Munster: Property Investment Comparison (2026)