Alderley vs Hatton Vale

For units, Alderley sits at a median of $855K against $375K in Hatton Vale, which makes Hatton Vale the more affordable unit market and Alderley the pricier one.

On cash flow, Hatton Vale leads: houses there return a gross rental yield of 3.80%, compared with 2.46% in Alderley, a gap of 1.34 percentage points.

Over the past year house prices moved +12.7% in Alderley and +15.7% in Hatton Vale, so recent momentum favours Hatton Vale, although both suburbs recorded growth.

Looking back three years, Alderley houses are +35.9% and Hatton Vale houses +43.0%, so Hatton Vale has compounded faster than Alderley over the longer window.

Rental vacancy is 1.4% in Hatton Vale and 1.8% in Alderley, so landlords in Hatton Vale 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 1,555, roughly 4.3 times the size of Hatton Vale; a larger suburb usually means a deeper pool of buyers and tenants.

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