Skip to main content

Alderley vs Neranwood

Property investment comparison - Alderley, QLD 4051 vs Neranwood, QLD 4213

Head-to-head across core investment metrics: Alderley wins 0, Neranwood wins 2. 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.

MetricAlderleyNeranwood
Median house price$1.7M-
Median unit price$855K-
Gross rental yield (houses)2.46%3.37%
Gross rental yield (units)3.71%-
1-year house growth+12.7%-
3-year house growth+35.9%-
Vacancy rate1.8%1.1%
Population6,74879

Alderley vs Neranwood: what the numbers say

On cash flow, Neranwood leads: houses there return a gross rental yield of 3.37%, compared with 2.46% in Alderley, a gap of 0.91 percentage points.

Rental vacancy is 1.1% in Neranwood and 1.8% in Alderley, so landlords in Neranwood 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 79, roughly 85 times the size of Neranwood; a larger suburb usually means a deeper pool of buyers and tenants.

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

Keep exploring

Compare any 2-4 Australian suburbs

Build your own multi-suburb comparison with the full interactive tool.

Open interactive comparison