Alderley vs Kurwongbah

For units, Alderley sits at a median of $855K against $820K in Kurwongbah, which makes Kurwongbah the more affordable unit market and Alderley the pricier one.

On cash flow, Kurwongbah 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 +14.6% in Kurwongbah, so recent momentum favours Kurwongbah, although both suburbs recorded growth.

Looking back three years, Alderley houses are +35.9% and Kurwongbah houses +19.8%, so Alderley has compounded faster than Kurwongbah over the longer window.

Rental vacancy is 1.8% in Alderley and 2.9% in Kurwongbah, 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 1,552, roughly 4.3 times the size of Kurwongbah; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Kurwongbah for rental income, Kurwongbah 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.