Suburb Profile Report for Alkimos WA (6038)

Alkimos House: Median price $390,000, Annual capital growth 5.24%, Number of sales 118, Weekly median advertised rent $330

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

Source: Monthly data update for May 2020 as supplied by CoreLogic. Data is reported to the period ending Feb 2020. Please note that property sales data is routinely updated, so may change retrospectively.

  • Expert Report
  • House Report

Property value increases in Alkimos have tracked just higher than the WA average of -1.74% over the last 12 months.

Alkimos,6038 has offered an average of 1.30% return per annum in house price rises to property investors over the last three years.

LACK OF BUYER INTEREST may well be the reason that Alkimos is offering property investors an average of -8.00. This rate of discount on properties puts Suburb at number 144th in terms of most discounted suburbs in WA

On average over the past year, suburb has had 9.83 sales per month, which equates to 118 per year.

The WA suburb of Alkimos, 6038 is in the Wanneroo (C) local government area.

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
$390,000 N/A
5.83% N/A
1.30% N/A
5.24% N/A
$330 N/A
118 N/A
4.40% N/A
113.906976744186 N/A

Source: Monthly data update for May 2020 as supplied by CoreLogic. Data is reported to the period ending Feb 2020. Please note that property sales data is routinely updated, so may change retrospectively.

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