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Alfred Cove suburb profile

Alfred Cove is a quiet, riverside suburb on the southern bank of the Swan River, defined by its foreshore reserve and an important shorebird habitat that draws walkers and birdwatchers. Streets are leafy and largely low-rise, with a mix of older cottages and substantial contemporary riverfront homes, giving the area a residential, family-friendly feel that also appeals to professionals and retirees who value water views and outdoor life. The suburb offers riverside parks, paths for walking and cycling and informal boating access, while regular buses along nearby arterial roads connect residents to shopping and services in neighbouring precincts and the wider metropolitan area.

Alfred Cove property market performance

Alfred Cove has relatively few unit sales, so there isn't enough recent data to publish a reliable median unit price. On the house side, the median house price is $1.818 million, up sharply 10.3% over the last 12 months.

Over the last 3 months 12 houses and 1 unit sold. Over the last 12 months houses sold in a median of 10 days.

The rental market in Alfred Cove saw average house rents of $883 a week over the last 12 months, up sharply 13.9% over that period. Average unit rents were $698 a week over the last 12 months.

HousesUnits
Median price
Past 3 months
$1.82MN/A
Change in value
Past 12 months
10.3%N/A
Sold
Past 3 months
121
Median days on market
Past 12 months
10N/A
Average rent
Past 12 months
$883$698
Change in rent
Past 12 months
13.9%N/A

5 year median price trend for houses and units

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Alfred Cove demographics

Alfred Cove is a community of 2,830 people with a median age of 41 and a typical household income of $2,262 a week, roughly $117,600 a year.

Household types are dominated by couples: couple families with children are the largest group at 49.4%, and together with couple families without children (36.9%) they account for 86.3% of families. One-parent families make up 13.1% and other families 0.5% of the family mix.

Homes in Alfred Cove are predominantly owner-occupied, with 42.3% owned outright and 40.3% owned with a mortgage, a combined 82.6% owner-occupation. Renters make up 17.3% of dwellings.

Suburbs near Alfred Cove

Some popular suburbs near Alfred Cove include:

  • Attadale: River-facing suburb with leafy streets and popular foreshore reserves.
  • Myaree: Mixed residential and light-industrial area, close to major arterial roads.
  • Melville: Established suburb with tree-lined streets and a central shopping and civic precinct.
  • Booragoon: Major retail precinct surrounded by established housing and local green spaces.
  • Willagee: Quiet, established suburb offering parks, reserves and a relaxed residential atmosphere.

How does Alfred Cove compare to nearby suburbs?

  • Median house prices: Alfred Cove’s median house price is 13.6% higher than Melville’s.
  • House price growth: Property prices in nearby Attadale have risen 9.6% more than in Alfred Cove over the past year.
  • Selling speed for houses: Properties in Alfred Cove are selling 28.6% faster than in Attadale.
  • Investment considerations: In Alfred Cove, the rental yield for house is 14.7% higher than the Perth average, while the rental yield for units is 19.2% higher.
  • House price growth: Over the past 12 months, house prices in Alfred Cove have grown 47.4% higher than the average rate of growth across Perth.
  • Unit price growth:Over the past 12 months, unit prices in Alfred Cove have grown 1.0% higher than the average rate of growth for units across Perth.

Choose the right real estate agents in Alfred Cove

Choosing the right real estate agent in Alfred Cove can have a big impact on your sale. While there are 26 real estate agents working in the suburb, but just 5 of them were responsible for 47.9% of all property sales over the past year, showing a strong footprint and track record in the area.

Commission rates typically range from 2.15% to 3.25%, depending on the agent and what’s included. Comparing both performance and fee structures can help you find someone who's well-suited to your needs, and set them up for a successful result.

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