Alderley vs Newport

The median house price is $1.7M in Alderley and $1.6M in Newport, so Newport is the cheaper entry point, with Alderley houses about 2% dearer.

For units, Alderley sits at a median of $855K against $1.4M in Newport, which makes Alderley the more affordable unit market and Newport the pricier one.

On cash flow, Newport 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 +12.8% in Newport, so recent momentum favours Newport, although both suburbs recorded growth.

Looking back three years, Alderley houses are +35.9% and Newport houses +34.2%, so Alderley has compounded faster than Newport over the longer window.

Rental vacancy is 1.8% in Alderley and 2.0% in Newport, 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 5,964, larger than Newport; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Newport for rental income, Newport for a lower purchase price, Newport 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.