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Alderley vs Paget

Property investment comparison - Alderley, QLD 4051 vs Paget, QLD 4740

Head-to-head across core investment metrics: Alderley wins 0, Paget wins 4. 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.

MetricAlderleyPaget
Median house price$1.7M-
Median unit price$855K$215K
Gross rental yield (houses)2.46%5.59%
Gross rental yield (units)3.71%11.85%
1-year house growth+12.7%-
3-year house growth+35.9%-
Vacancy rate1.8%0.5%
Population6,748339

Alderley vs Paget: what the numbers say

For units, Alderley sits at a median of $855K against $215K in Paget, which makes Paget the more affordable unit market and Alderley the pricier one.

On cash flow, Paget leads: houses there return a gross rental yield of 5.59%, compared with 2.46% in Alderley, a gap of 3.13 percentage points.

Rental vacancy is 0.5% in Paget and 1.8% in Alderley, so landlords in Paget 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 339, roughly 20 times the size of Paget; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Paget for rental income, Paget 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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