Alfred Cove 6154
Market analysis for investment properties in Alfred Cove
Median Price
$1,600,000
Trend:Accelerating
+16.6%
Median Rent
$870/pw
Trend:Accelerating
+16.0%
Rental Yield
2.83%
Trend:Decelerating
-0.3%
Median DoM
24 Days
Trend:Accelerating
+17.5%
Market Analysis
Why investors are watching Alfred Cove right now.
In terms of shopping options, Alfred Cove in Western Australia offers convenient access to Garden City Shopping Centre, a major retail hub in the area featuring a variety of stores, supermarkets, and dining establishments.
For education, the suburb is served by several reputable primary and secondary schools, including Melville Primary School and Melville Senior High School, providing quality educational opportunities for families residing in the area.
In regard to public transportation, residents of Alfred Cove can utilize bus services provided by Transperth to travel to the nearest CBD in Western Australia. The 503 and 504 bus routes offer direct connections to Perth CBD, allowing for easy commuting options.
Surrounding greenery in Alfred Cove includes Piney Lakes Reserve, a popular outdoor recreational area featuring walking trails, playgrounds, and picnic facilities. This provides a picturesque natural setting for residents to enjoy leisure activities and connect with nature.
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Capital Growth
Historical Performance
Analyze long-term value appreciation, rental yield fluctuations, and median price trajectories.
Market Vitals
Market Dynamics
Deep-dive into transaction velocity, rental pressure, and supply pipeline indicators.
Unlock Market Vitals
See live suburb and LGA market signals.
The Ripple Effect
Explore Nearby Opportunities
Investors analyzing Alfred Cove often compare these adjacent markets for better entry points or higher yields.
Strategy by LighthousePA
Where will Alfred Cove be in 2026?
Data provides the foundation, but strategy secures the wealth. If you're seeking clarity on Alfred Cove, let LighthousePA (Property Advisors) help you navigate the market and illuminate your next move.
- Wealth Planning
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Investment Insights & FAQ
Frequently asked questions about the Alfred Cove property market in 2026.
As of March 2026, the Alfred Cove property market presents a dynamic investment landscape. Over the last 12 months, houses have seen an annual growth rate of 16.58% and units have grown by 2.3%. These figures reflect the evolving demand within Melville, offering potential for capital appreciation.
Based on the latest market snapshot, median property prices in Alfred Cove range from $1,600,000 for houses to $780,000 for units. These values are calculated based on recent transaction data and current buyer activity across the Melville region.
For investors targeting cash flow, houses rent for $870 /pw with a 2.83% yield, while units rent for $700 /pw with a 4.67% yield. This rental performance is a key indicator of strong tenant demand within the Alfred Cove area.
Market Insights Last Updated: March 2026