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Alkimos vs Piesse Brook

Property investment comparison - Alkimos, WA 6038 vs Piesse Brook, WA 6076

Head-to-head across core investment metrics: Alkimos wins 4, Piesse Brook 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.

MetricAlkimosPiesse Brook
Median house price$850K-
Median unit price-$375K
Gross rental yield (houses)4.30%3.62%
Gross rental yield (units)5.18%4.43%
1-year house growth+18.2%+10.6%
3-year house growth+72.9%-
Vacancy rate2.0%5.1%
Population10,203214

Alkimos vs Piesse Brook: what the numbers say

On cash flow, Alkimos leads: houses there return a gross rental yield of 4.30%, compared with 3.62% in Piesse Brook, a gap of 0.68 percentage points.

Over the past year house prices moved +18.2% in Alkimos and +10.6% in Piesse Brook, so recent momentum favours Alkimos, although both suburbs recorded growth.

Rental vacancy is 2.0% in Alkimos and 5.1% in Piesse Brook, so landlords in Alkimos face less competition for tenants.

Alkimos is the bigger suburb, with a population of 10,203 against 214, roughly 48 times the size of Piesse Brook; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Alkimos for rental income, Alkimos 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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