Alberton vs Alderley

For units, Alberton sits at a median of $985K against $855K in Alderley, which makes Alderley the more affordable unit market and Alberton the pricier one.

On cash flow, Alderley leads: houses there return a gross rental yield of 2.46%, compared with 1.59% in Alberton, a gap of 0.87 percentage points.

Over the past year house prices moved +19.7% in Alberton and +12.7% in Alderley, so recent momentum favours Alberton, although both suburbs recorded growth.

Looking back three years, Alberton houses are +38.5% and Alderley houses +35.9%, so Alberton has compounded faster than Alderley over the longer window.

Rental vacancy is 1.8% in Alderley and 3.0% in Alberton, so landlords in Alderley face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Alderley is the bigger suburb, with a population of 6,748 against 547, roughly 12 times the size of Alberton; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Alderley for rental income, Alberton for recent price momentum, Alderley for the tighter rental market. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.