Alderley vs Mount Glorious

For units, Alderley sits at a median of $855K against $685K in Mount Glorious, which makes Mount Glorious the more affordable unit market and Alderley the pricier one.

On cash flow, Mount Glorious leads: houses there return a gross rental yield of 2.86%, compared with 2.46% in Alderley, a gap of 0.40 percentage points.

Over the past year house prices moved +12.7% in Alderley and +5.7% in Mount Glorious, so recent momentum favours Alderley, although both suburbs recorded growth.

Looking back three years, Alderley houses are +35.9% and Mount Glorious houses +9.1%, so Alderley has compounded faster than Mount Glorious over the longer window.

Rental vacancy is 1.8% in Alderley and 4.8% in Mount Glorious, 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 343, roughly 20 times the size of Mount Glorious; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Mount Glorious for rental income, Alderley 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.