Alfred Cove WA Property Investment

Melville · 6154

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Median House Price
$1.78M
As of 7 Nov 2026.
Rental Yield
N/A
Vacancy Rate
N/A
Median Weekly Rent
N/A
Median Unit Price
$1.01M
As of 7 Nov 2026.
Population (Census 2021)
2,830

Alfred Cove Short-Term Rental Market

Short-stay estimate: run a brief
Past price growth
Median house sale price growth, Greater Perth (not Alfred Cove): 13.3% a year, Jun qtr 2021 to Jun qtr 2026. Source: Australian Bureau of Statistics, Total Value of Dwellings, June Quarter 2026. CC BY 4.0. Growth calculated by Estait. Past growth doesn't predict future prices.
New dwellings approved
New dwellings approved, Melville council area, 12 months to Aug 2026: 727. Source: ABS Building Approvals, Australia (cat. 8731.0). This is the whole council area, not just Alfred Cove.

Suburb Metric Thresholds

5 green2 yellow0 red
Population growth 2016–21, postcode 6154 (ABS Census)
1.16 high impact
Median Household Income
2059 medium impact
Public Transport Score
6.8 medium impact
School Zone Quality
8.1 medium impact
Distance to CBD
9.89 medium impact
SEIFA Advantage/Disadvantage
9 medium impact
Owner Occupier Rate
78.2 medium impact

Macro Environment

Macro Indicators

Cash Rate

4.85%

▲ 0.25%

Cash rate 4.85% as at 2026-11-04 (effective date) · Source: RBA cash rate target · Credit data 2026-09

Socio-Economic Profile

Source: ABS Census 2021

SEIFA Index · Postcode 6154

Most disadvantagedLeast disadvantaged

Decile 9 of 10 — Low disadvantage

Population (suburb)

2,830

Education (IEO)

9/10

Econ. Resources (IER)

9/10

Crime & Safety

No official crime data for this area

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Data sourced from ABS, state government property sales, and Airbnb market analytics. For informational purposes only — not financial advice.