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Alkimos vs Oldbury

Property investment comparison - Alkimos, WA 6038 vs Oldbury, WA 6121

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

MetricAlkimosOldbury
Median house price$850K-
Median unit price-$695K
Gross rental yield (houses)4.30%-
Gross rental yield (units)5.18%2.25%
1-year house growth+18.2%+19.3%
3-year house growth+72.9%+62.3%
Vacancy rate2.0%3.4%
Population10,203296

Alkimos vs Oldbury: what the numbers say

Over the past year house prices moved +18.2% in Alkimos and +19.3% in Oldbury, so recent momentum favours Oldbury, although both suburbs recorded growth.

Looking back three years, Alkimos houses are +72.9% and Oldbury houses +62.3%, so Alkimos has compounded faster than Oldbury over the longer window.

Rental vacancy is 2.0% in Alkimos and 3.4% in Oldbury, so landlords in Alkimos face less competition for tenants.

Alkimos is the bigger suburb, with a population of 10,203 against 296, roughly 34 times the size of Oldbury; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Oldbury for recent price momentum, 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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