Suburb Profile Report for Alkimos WA (6038)

Alkimos House: Median price $375,000, Annual capital growth 7.87%, Number of sales 110, Weekly median advertised rent $323

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: Monthly data update for Nov 2019 as supplied by CoreLogic. Data is reported to the period ending Aug 2019. Please note that property sales data is routinely updated, so may change retrospectively.

  • Expert Report
  • House Report

Giving property investors a an average capital gain of 0.00% for the last year, Alkimos, 6038 is the 1652th highest performer in Australia in this respect.

When looking at the potential capital gains offered to property investors over the last 3 years, Alkimos comes in at number 363th in WA.

The most recent median price for Alkimos is $375000, with sellers offering an average of -7.43% off the asking price.

A $322.5 per week rent on the median house gives suburb investors a gross yield of circa 4.47%, without taking into account capital value appreciation, which has been averaging out at 7.87%.

YIP MAG Information supplied by:

YIP MAG
June 2016

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While recent times have been tough for large parts of the Perth market and WA in general, a beachside suburb around 40km north of the Perth CBD has seen no such troubles.

The median house price in Alkimos, a suburb named after a Greek freighter shipwrecked off its coast in the 1960s, sits at a respectable $488,500.

Even more respectable is the recent capital growth seen in the area: the median house price has surged by a remarkable 109% in the past five years.

That impressive run may have come to an end though, with only 2% growth recorded in the past year and houses spending close to 100 days on the market.

The strong growth seen in Alkimos has pulled back the suburb’s rental returns, with yields currently sitting at 4%.
Metrics i HOUSE UNIT
$375,000 N/A
0.81% N/A
0.00% N/A
7.87% N/A
$323 N/A
110 N/A
4.47% N/A
110.107142857143 N/A

Source: Monthly data update for Nov 2019 as supplied by CoreLogic. Data is reported to the period ending Aug 2019. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Balanced (H), Poor (U)
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