Alderley vs Cannon Creek
Property investment comparison - Alderley, QLD 4051 vs Cannon Creek, QLD 4310
Head-to-head across core investment metrics: Alderley wins 0, Cannon Creek 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.
| Metric | Alderley | Cannon Creek |
|---|---|---|
| Median house price | $1.7M | - |
| Median unit price | $855K | - |
| Gross rental yield (houses) | 2.46% | 2.90% |
| Gross rental yield (units) | 3.71% | - |
| 1-year house growth | +12.7% | - |
| 3-year house growth | +35.9% | - |
| Vacancy rate | 1.8% | 1.4% |
| Population | 6,748 | 75 |
Alderley vs Cannon Creek: what the numbers say
On cash flow, Cannon Creek leads: houses there return a gross rental yield of 2.90%, compared with 2.46% in Alderley, a gap of 0.44 percentage points.
Rental vacancy is 1.4% in Cannon Creek and 1.8% in Alderley, so landlords in Cannon Creek 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 75, roughly 90 times the size of Cannon Creek; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Cannon Creek for rental income, Cannon Creek for the tighter rental market. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.
Keep exploring
- National investment guide - top suburbs across every metric
- Take the suburb finder quiz - 5 questions to match your goals
- How our investment score works
- Property investment glossary - every term defined
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