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Alderley vs Bokarina

Property investment comparison - Alderley, QLD 4051 vs Bokarina, QLD 4575

Head-to-head across core investment metrics: Alderley wins 3, Bokarina wins 2. The better choice depends on whether you're optimising for cash flow, growth, affordability, or liquidity, the table below highlights the winner on each metric.

MetricAlderleyBokarina
Median house price$1.7M-
Median unit price$855K$1.2M
Gross rental yield (houses)2.46%-
Gross rental yield (units)3.71%3.76%
1-year house growth+12.7%+12.9%
3-year house growth+35.9%+12.1%
Vacancy rate1.8%4.0%
Population6,7481,935

Alderley vs Bokarina: what the numbers say

For units, Alderley sits at a median of $855K against $1.2M in Bokarina, which makes Alderley the more affordable unit market and Bokarina the pricier one.

Over the past year house prices moved +12.7% in Alderley and +12.9% in Bokarina, so recent momentum favours Bokarina, although both suburbs recorded growth.

Looking back three years, Alderley houses are +35.9% and Bokarina houses +12.1%, so Alderley has compounded faster than Bokarina over the longer window.

Rental vacancy is 1.8% in Alderley and 4.0% in Bokarina, 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 1,935, roughly 3.5 times the size of Bokarina; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Bokarina 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.

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