Alderley vs Meringandan
Property investment comparison - Alderley, QLD 4051 vs Meringandan, QLD 4352
Head-to-head across core investment metrics: Alderley wins 1, Meringandan wins 3. 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 | Meringandan |
|---|---|---|
| Median house price | $1.7M | - |
| Median unit price | $855K | - |
| Gross rental yield (houses) | 2.46% | 3.11% |
| Gross rental yield (units) | 3.71% | - |
| 1-year house growth | +12.7% | +17.3% |
| 3-year house growth | +35.9% | +62.6% |
| Vacancy rate | 1.8% | 3.1% |
| Population | 6,748 | 530 |
Alderley vs Meringandan: what the numbers say
On cash flow, Meringandan leads: houses there return a gross rental yield of 3.11%, compared with 2.46% in Alderley, a gap of 0.65 percentage points.
Over the past year house prices moved +12.7% in Alderley and +17.3% in Meringandan, so recent momentum favours Meringandan, although both suburbs recorded growth.
Looking back three years, Alderley houses are +35.9% and Meringandan houses +62.6%, so Meringandan has compounded faster than Alderley over the longer window.
Rental vacancy is 1.8% in Alderley and 3.1% in Meringandan, 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 530, roughly 13 times the size of Meringandan; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Meringandan for rental income, Meringandan 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.
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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