Alkimos suburb profile
Alkimos is a rapidly growing coastal suburb located approximately 42km north of Perth's CBD in Western Australia. Known for its stunning beaches and family-friendly environment, Alkimos offers a blend of modern living and natural beauty. The suburb features a range of amenities including schools, shopping centers, and recreational facilities, catering to the needs of its diverse community. With its picturesque coastline and planned infrastructure developments, Alkimos is attracting both families and investors looking for a vibrant yet relaxed lifestyle. Its proximity to the Indian Ocean and future transport links make it an appealing destination for those seeking a coastal lifestyle.
Alkimos property market performance
Alkimos has experienced a robust property market over the past 12 months, with significant growth in both house and unit values. House prices have surged by 28.2%, bringing the median house price to $695,000, while unit prices have increased by 20.4%, with a median of $412,000. This reflects strong demand in the area.
Sales activity has been notable, with 95 houses sold in the past 12 months, although only one unit was sold, indicating a preference for houses. Houses are selling rapidly, with a median of just 8 days on the market, compared to 16 days for units.
The rental market in Alkimos has also seen substantial changes, with house rents increasing by 14.5% and unit rents by 25.3% over the last 12 months. The average rent for houses is now $650, while units average $582, highlighting a strong rental demand.
Median price - houses$710KPast 3 months
Median price - units$412KPast 3 months
Change in value - houses28.8%12 months
Change in value - units20.4%12 months
Houses sold82Past 3 months
Units sold1Past 3 months
Median DOM - houses8Past 12 months
Median DOM - units15.5Past 12 months
Average rent - houses$650Past 12 months
Average rent - units$580Past 12 months
Change in rent - houses13.0%Past 12 months
Change in rent - units22.1%Past 12 months
Alkimos demographics
Alkimos, located in the northern suburbs of Perth, is a rapidly growing community known for its family-friendly environment and coastal charm. With a population of 10,203 and a median age of 31, Alkimos is a youthful suburb that attracts young families and professionals seeking a balanced lifestyle. The suburb's proximity to beautiful beaches and planned infrastructure developments make it an appealing choice for those looking to settle in a vibrant and emerging area.
The suburb's demographic profile is characterized by a high percentage of couple families with children, accounting for 53% of all families. This highlights Alkimos as a family-oriented community, with ample amenities and recreational facilities catering to the needs of young families. Additionally, 28.1% of families are couples without children, and 17.7% are one-parent families, reflecting a diverse family structure within the suburb.
Housing in Alkimos is predominantly owner-occupied, with 63.6% of properties owned with a mortgage, indicating a strong presence of first-time homebuyers and young families investing in their future. Only 7.7% of properties are owned outright, while 28.7% are rented, providing a mix of stability and flexibility for residents. The median total household income of $2,035 per week suggests a relatively comfortable standard of living, supporting the suburb's appeal as a desirable place to live and raise a family.
Alkimos infrastructure, key developments and investment opportunities
Alkimos is experiencing significant development that is likely to impact its property market. The recent extension of the Mitchell Freeway to the southern part of the suburb in 2023 has improved connectivity, while the opening of Alkimos railway station in July 2024 has enhanced public transport options. These infrastructure upgrades are expected to increase the area's appeal to homebuyers and potentially drive property values up.
The suburb is part of the planned Alkimos-Eglinton satellite city, which aims to accommodate 55,000 residents and include major facilities such as hospitals, educational institutions, and commercial centers. This long-term development vision, coupled with the coastal location and new amenities, positions Alkimos as a growing area with potential for future property value appreciation. However, some residents have noted slower-than-expected progress on certain promised developments, which may affect short-term market dynamics.
Alkimos rental market trends
The rental market in Alkimos is experiencing significant growth, with house rents increasing by 14.5% over the past year to $650 per week, while unit rents have surged 25.3% to $582 per week. This rapid rise in rental prices highlights Alkimos as an attractive suburb for both renters and investors, driven by its expanding infrastructure and appealing coastal lifestyle.
Suburbs near Alkimos
Some popular suburbs near Alkimos include: