Alkimos vs Wannanup
Property investment comparison - Alkimos, WA 6038 vs Wannanup, WA 6210
Head-to-head across core investment metrics: Alkimos wins 2, Wannanup 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.
| Metric | Alkimos | Wannanup |
|---|---|---|
| Median house price | $850K | - |
| Median unit price | - | $1M |
| Gross rental yield (houses) | 4.30% | 3.60% |
| Gross rental yield (units) | 5.18% | 3.76% |
| 1-year house growth | +18.2% | - |
| 3-year house growth | +72.9% | - |
| Vacancy rate | 2.0% | 1.4% |
| Population | 10,203 | 4,142 |
Alkimos vs Wannanup: what the numbers say
On cash flow, Alkimos leads: houses there return a gross rental yield of 4.30%, compared with 3.60% in Wannanup, a gap of 0.70 percentage points.
Rental vacancy is 1.4% in Wannanup and 2.0% in Alkimos, so landlords in Wannanup 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 4,142, roughly 2.5 times the size of Wannanup; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Alkimos for rental income, Wannanup for the tighter rental market. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.
Keep exploring
- National investment guide - top suburbs across every metric
- Take the suburb finder quiz - 5 questions to match your goals
- How our investment score works
- Property investment glossary - every term defined
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