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Alkimos vs Utakarra

Property investment comparison - Alkimos, WA 6038 vs Utakarra, WA 6530

Head-to-head across core investment metrics: Alkimos wins 1, Utakarra wins 2. 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.

MetricAlkimosUtakarra
Median house price$850K-
Median unit price--
Gross rental yield (houses)4.30%-
Gross rental yield (units)5.18%5.53%
1-year house growth+18.2%+18.2%
3-year house growth+72.9%+33.7%
Vacancy rate2.0%1.1%
Population10,2031,467

Alkimos vs Utakarra: what the numbers say

Over the past year house prices moved +18.2% in both suburbs.

Looking back three years, Alkimos houses are +72.9% and Utakarra houses +33.7%, so Alkimos has compounded faster than Utakarra over the longer window.

Rental vacancy is 1.1% in Utakarra and 2.0% in Alkimos, so landlords in Utakarra 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 1,467, roughly 7 times the size of Utakarra; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Utakarra 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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