Alderley vs Parkhurst
Property investment comparison - Alderley, QLD 4051 vs Parkhurst, QLD 4702
Head-to-head across core investment metrics: Alderley wins 1, Parkhurst 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.
| Metric | Alderley | Parkhurst |
|---|---|---|
| Median house price | $1.7M | - |
| Median unit price | $855K | $675K |
| Gross rental yield (houses) | 2.46% | 3.63% |
| Gross rental yield (units) | 3.71% | 3.78% |
| 1-year house growth | +12.7% | +11.7%estimate |
| 3-year house growth | +35.9% | - |
| Vacancy rate | 1.8% | 0.4% |
| Population | 6,748 | 3,043 |
Alderley vs Parkhurst: what the numbers say
For units, Alderley sits at a median of $855K against $675K in Parkhurst, which makes Parkhurst the more affordable unit market and Alderley the pricier one.
On cash flow, Parkhurst leads: houses there return a gross rental yield of 3.63%, compared with 2.46% in Alderley, a gap of 1.17 percentage points.
Over the past year house prices moved +12.7% in Alderley and +11.7% in Parkhurst (an estimate), so recent momentum favours Alderley, although both suburbs recorded growth.
Rental vacancy is 0.4% in Parkhurst and 1.8% in Alderley, so landlords in Parkhurst 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 3,043, roughly 2.2 times the size of Parkhurst; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Parkhurst for rental income, Alderley for recent price momentum, Parkhurst for the tighter rental market. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.
Keep exploring
- National investment guide - top suburbs across every metric
- Take the suburb finder quiz - 5 questions to match your goals
- How our investment score works
- Property investment glossary - every term defined
Compare any 2-4 Australian suburbs
Build your own multi-suburb comparison with the full interactive tool.
Open interactive comparison