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Alkimos vs Wandi

Property investment comparison - Alkimos, WA 6038 vs Wandi, WA 6167

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

MetricAlkimosWandi
Median house price$850K-
Median unit price--
Gross rental yield (houses)4.30%4.20%
Gross rental yield (units)5.18%4.11%
1-year house growth+18.2%+21.3%
3-year house growth+72.9%+59.1%
Vacancy rate2.0%1.9%
Population10,2034,324

Alkimos vs Wandi: what the numbers say

On cash flow, Alkimos leads: houses there return a gross rental yield of 4.30%, compared with 4.20% in Wandi, a gap of 0.10 percentage points.

Over the past year house prices moved +18.2% in Alkimos and +21.3% in Wandi, so recent momentum favours Wandi, although both suburbs recorded growth.

Looking back three years, Alkimos houses are +72.9% and Wandi houses +59.1%, so Alkimos has compounded faster than Wandi over the longer window.

Rental vacancy is 1.9% in Wandi and 2.0% in Alkimos, so landlords in Wandi 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 4,324, roughly 2.4 times the size of Wandi; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Alkimos for rental income, Wandi for recent price momentum, Wandi 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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