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Alderley vs Mount Pleasant

Property investment comparison - Alderley, QLD 4051 vs Mount Pleasant, QLD 4521

Head-to-head across core investment metrics: Alderley wins 3, Mount Pleasant wins 1. 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.

MetricAlderleyMount Pleasant
Median house price$1.7M-
Median unit price$855K$450K
Gross rental yield (houses)2.46%-
Gross rental yield (units)3.71%3.39%
1-year house growth+12.7%+10.0%
3-year house growth+35.9%-
Vacancy rate1.8%2.5%
Population6,748390

Alderley vs Mount Pleasant: what the numbers say

For units, Alderley sits at a median of $855K against $450K in Mount Pleasant, which makes Mount Pleasant the more affordable unit market and Alderley the pricier one.

Over the past year house prices moved +12.7% in Alderley and +10.0% in Mount Pleasant, so recent momentum favours Alderley, although both suburbs recorded growth.

Rental vacancy is 1.8% in Alderley and 2.5% in Mount Pleasant, 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 390, roughly 17 times the size of Mount Pleasant; a larger suburb usually means a deeper pool of buyers and tenants.

In short: 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.

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