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Alkimos vs Viveash

Property investment comparison - Alkimos, WA 6038 vs Viveash, WA 6056

Head-to-head across core investment metrics: Alkimos wins 1, Viveash wins 3. 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.

MetricAlkimosViveash
Median house price$850K-
Median unit price-$655K
Gross rental yield (houses)4.30%4.50%
Gross rental yield (units)5.18%4.84%
1-year house growth+18.2%+18.4%estimate
3-year house growth+72.9%-
Vacancy rate2.0%0.5%
Population10,2031,280

Alkimos vs Viveash: what the numbers say

On cash flow, Viveash leads: houses there return a gross rental yield of 4.50%, compared with 4.30% in Alkimos, a gap of 0.20 percentage points.

Over the past year house prices moved +18.2% in Alkimos and +18.4% in Viveash (an estimate), so recent momentum favours Viveash, although both suburbs recorded growth.

Rental vacancy is 0.5% in Viveash and 2.0% in Alkimos, so landlords in Viveash 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 1,280, roughly 8 times the size of Viveash; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Viveash for rental income, Viveash for recent price momentum, Viveash 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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