Alderley vs Cluden

For units, Alderley sits at a median of $855K against $715K in Cluden, which makes Cluden the more affordable unit market and Alderley the pricier one.

On cash flow, Cluden leads: houses there return a gross rental yield of 2.75%, compared with 2.46% in Alderley, a gap of 0.29 percentage points.

Over the past year house prices moved +12.7% in Alderley and +15.0% in Cluden, so recent momentum favours Cluden, although both suburbs recorded growth.

Looking back three years, Alderley houses are +35.9% and Cluden houses +67.1%, so Cluden has compounded faster than Alderley over the longer window.

Rental vacancy is 1.8% in Alderley and 2.2% in Cluden, 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 413, roughly 16 times the size of Cluden; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Cluden for rental income, Cluden 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.