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Alderley vs Patrick Estate

Property investment comparison - Alderley, QLD 4051 vs Patrick Estate, QLD 4311

Head-to-head across core investment metrics: Alderley wins 1, Patrick Estate 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.

MetricAlderleyPatrick Estate
Median house price$1.7M-
Median unit price$855K-
Gross rental yield (houses)2.46%2.42%
Gross rental yield (units)3.71%-
1-year house growth+12.7%-
3-year house growth+35.9%-
Vacancy rate1.8%1.4%
Population6,748181

Alderley vs Patrick Estate: what the numbers say

Gross rental yield on houses is effectively level, at 2.46% in Alderley and 2.42% in Patrick Estate, so neither suburb has a cash flow edge on houses.

Rental vacancy is 1.4% in Patrick Estate and 1.8% in Alderley, so landlords in Patrick Estate 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 181, roughly 37 times the size of Patrick Estate; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Patrick Estate 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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