Suburb snapshot: Alfred Cove

Before you start looking for places to invest in, rent or buy, the first step is deciding on which suburbs are viable for you.

With so many factors to consider, this isn’t an easy process — one that can often feel overwhelming. Many suburb-searchers need to think about house prices, proximity to schools and shops, what recreation facilities are close, public transport options, distance to the city or airport, and more. You’ll probably also be looking for some insight as to the type of lifestyle the suburb offers.

To help you make an informed decision, we’re providing a suburb snapshot on Alfred Cove. Our researched profile will include market insights, location highlights, demographics, real estate trends, and relevant stats.

Location

Located in the City of Melville (Perth’s southern suburbs), Alfred Cove sits on the picturesque Swan River about 13km from Perth City. Reviews from Homely describe the suburb as “amazingly convenient”, “safe”, and “close to everything” with “a community feel”.

Location highlights.

• Canning Bridge Station and Bull Creek Station.
• Garden City.
• Alfred Cove Nature Reserve.
• Wireless Hill.
• Quick access to Canning Highway and Kwinana Freeway.
• 11 minutes to Fremantle
• 17 minutes to Perth City.
• 27 minutes to Perth Airport.

Nearby schools.

• Applecross Senior High School.
• Santa Maria College.
• Melville Senior High School.
• Melville Primary School.
• Mel Maria Catholic Primary School.
• Booragoon Primary School.
• Attadale Primary School.

Demographics

As of 2016, Alfred Cove has a population of approximately 2,500 people. Over 80% of the population are either couples with no children or families. Lone persons, single parents, and shared-living (house mate arrangements) are scarce.

Age;

• 0 – 18: 29.8%
• 19 – 24: 6.8%
• 25 – 34: 13.8%
• 35 – 44: 27.2%
• 55+: 22.4

From this data, we can gather that Alfred Cove is mostly made up of second and third-home buyers. The suburb enjoys a more mature population of older families and retirees, which most likely comes down the suburb’s price point.

Properties;

Over 80% of properties in Alfred Cove are houses and around 19% are duplexes/villas. Only 1% of properties fall into the flats/units/apartments category.

House prices

To buy;

The median house price for Alfred Cove is currently sitting at $990k. Homes are on the market for an average of 60 days and sales growth has risen by 16% in the last five years. Overall, housing is more affordable than neighbouring suburbs Applecross and Ardross, but more expensive than Melville and Booragoon.

To rent;

The median rental price in Alfred Cove is currently sitting at $600/week — a price that has risen by 5% in the last year. Rental properties are on the market for an average of 15 days and the rental market in general has risen by 9% in the last year. Investors are currently enjoying a rental yield of about 3.5%.

Looking to buy or sell in Alfred Cove?

As your local specialist agent, we can locate a home in Alfred Cove or the surrounding suburbs on your behalf — including off-market properties. If you’re looking to sell your Alfred Cove home, we’ll get you started with a free appraisal. Contact us to get started, and discover what it’s like to work with an award-winning real estate agency!