Alkimos vs Wungong
Property investment comparison - Alkimos, WA 6038 vs Wungong, WA 6112
Head-to-head across core investment metrics: Alkimos wins 2, Wungong 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.
| Metric | Alkimos | Wungong |
|---|---|---|
| Median house price | $850K | - |
| Median unit price | - | $485K |
| Gross rental yield (houses) | 4.30% | 1.97% |
| Gross rental yield (units) | 5.18% | 5.71% |
| 1-year house growth | +18.2% | +21.0% |
| 3-year house growth | +72.9% | +80.0% |
| Vacancy rate | 2.0% | 4.6% |
| Population | 10,203 | 370 |
Alkimos vs Wungong: what the numbers say
On cash flow, Alkimos leads: houses there return a gross rental yield of 4.30%, compared with 1.97% in Wungong, a gap of 2.33 percentage points.
Over the past year house prices moved +18.2% in Alkimos and +21.0% in Wungong, so recent momentum favours Wungong, although both suburbs recorded growth.
Looking back three years, Alkimos houses are +72.9% and Wungong houses +80.0%, so Wungong has compounded faster than Alkimos over the longer window.
Rental vacancy is 2.0% in Alkimos and 4.6% in Wungong, so landlords in Alkimos face less competition for tenants.
Alkimos is the bigger suburb, with a population of 10,203 against 370, roughly 28 times the size of Wungong; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Alkimos for rental income, Wungong 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.
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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