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Alkimos vs Treeby

Property investment comparison - Alkimos, WA 6038 vs Treeby, WA 6164

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

MetricAlkimosTreeby
Median house price$850K-
Median unit price--
Gross rental yield (houses)4.30%-
Gross rental yield (units)5.18%4.56%
1-year house growth+18.2%+16.1%
3-year house growth+72.9%+55.3%
Vacancy rate2.0%0.4%
Population10,2034,214

Alkimos vs Treeby: what the numbers say

Over the past year house prices moved +18.2% in Alkimos and +16.1% in Treeby, so recent momentum favours Alkimos, although both suburbs recorded growth.

Looking back three years, Alkimos houses are +72.9% and Treeby houses +55.3%, so Alkimos has compounded faster than Treeby over the longer window.

Rental vacancy is 0.4% in Treeby and 2.0% in Alkimos, so landlords in Treeby 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 4,214, roughly 2.4 times the size of Treeby; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Alkimos for recent price momentum, Treeby 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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