Is ALFRED COVE a good suburb for positive geared property investment in Australia?

ALFRED COVE in WA currently features property rental yields up to 3.1% with a 12-month capital growth value of Up 7.3%. Under standard conditions, suburbs with yields above 5.0% represent strong positive gearing potential.

What is the median house price in ALFRED COVE 6154?

The median house price in ALFRED COVE 6154 is approximately $1,620,000 based on the latest tracked market indices.

Investment Spotlight • Australia

ALFRED COVE 6154

State: WA

Updated: 2 July 2026

PosiProp AI Investment Summary

ALFRED COVE (WA 6154) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 3.1% and has experienced a 12-month capital growth of Up 7.3%, with a median house buy price of $1,620,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.

Positive Gearing Potential Verified: Suburb rental index metrics qualify Richmond for positive cash flow portfolios. Review the price brackets and explore the live listings below.

Market Yield & Price Indices

2 house • buy

$1,280,000

Down -10.2% 2.7% Yield

3 house • buy

$1,390,000

0.0% 3.2% Yield

4 house • buy

$1,920,000

Up 16.4% 3.1% Yield

all house • buy

$1,620,000

Up 7.3% 3.1% Yield

Suburb Market Profile

Last month Alfred Cove had 10 properties available for rent and 9 properties for sale. Median property prices over the last year range from $1,620,000 for houses to $1,161,000 for units. If you are looking for an investment property, consider houses in Alfred Cove rent out for $888 PW with an annual rental yield of 3.1% and units rent for $725 PW with a rental yield of 4.5%. Alfred Cove has seen an annual compound growth rate of 7.3% for houses and 48.9% for units.

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