Alfred Cove

POSTAL CODE: WA, 6154
HOUSE

Based on its average 5-year and quarterly capital gains ALFRED COVE, 6154 saw average growth in the long term.

A survey of average capital gains or median home price increase in suburbs across the country shows that ALFRED COVE, 6154 obtained a 6.27% growth over a ten-year period. It ranks 2498th on our list of suburbs that property investors should look into.

ALFRED COVE, 6154 in WA belongs to the local government area of Melville.

ALFRED COVE, 6154 has a capital gain of 20% for the past year, which is higher than average compared to its 92.93% growth within a five-year period.

With the median home price in ALFRED COVE sitting at $1,500,000, and the average rent at $830, property owners could potentially earn a 2.88% increase in gross rental yield.

Figures from the previous quarter show that capital gains for real estate buyers in ALFRED COVE are low, as opposed to average gains per annum over the past five years.

Surburb overview

Alfred Cove is a riverside suburb in Melville, approximately 13 kilometres south of Perth's central business district. The area encompasses 1.2 square kilometres and is bordered by the Swan River to the north.

According to the 2021 Census, Alfred Cove has a population of 2,830, with a median age of 41. The community comprises a mix of families, professionals, and retirees, with an average household size of 2.6 people.

Public transportation options include several bus routes, such as the 111, 148, 158, 160, and 910, which connect Perth CBD, Fremantle, and surrounding suburbs. The nearest train access is via the Mandurah Line, with Canning Bridge Station a short distance away.

Essential services in the area include medical practices, including Align Health at 599 Canning Highway. Educational institutions nearby include Melville Primary School, Melville Senior High School, and Applecross Senior High School. For shopping needs, residents have access to the Garden City Shopping Centre in Booragoon, which offers a variety of retail outlets and dining options.

Alfred Cove is prominently home to recreational spaces. The Alfred Cove Nature Reserve forms part of the Swan Estuary Marine Park and provides habitat for migratory waterbirds, with facilities for bird watching. Tompkins Park offers amenities for sports such as rugby, soccer, and cricket, along with a restaurant and playground. The Atwell Arts Centre & Gallery also serves as a cultural venue, hosting various art-related activities.

Alfred Cove's proximity to the Swan River and availability of green spaces contribute to its residential appeal. The suburb's infrastructure supports a balanced lifestyle with accessible transport, essential services, and recreational facilities.

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