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Alkimos vs Upper Swan

Property investment comparison - Alkimos, WA 6038 vs Upper Swan, WA 6069

Head-to-head across core investment metrics: Alkimos wins 2, Upper Swan 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.

MetricAlkimosUpper Swan
Median house price$850K-
Median unit price-$840K
Gross rental yield (houses)4.30%-
Gross rental yield (units)5.18%2.17%
1-year house growth+18.2%+20.0%estimate
3-year house growth+72.9%-
Vacancy rate2.0%7.2%
Population10,203549

Alkimos vs Upper Swan: what the numbers say

Over the past year house prices moved +18.2% in Alkimos and +20.0% in Upper Swan (an estimate), so recent momentum favours Upper Swan, although both suburbs recorded growth.

Rental vacancy is 2.0% in Alkimos and 7.2% in Upper Swan, so landlords in Alkimos face less competition for tenants.

Alkimos is the bigger suburb, with a population of 10,203 against 549, roughly 19 times the size of Upper Swan; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Upper Swan 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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