Alderley vs Racecourse
Property investment comparison - Alderley, QLD 4051 vs Racecourse, QLD 4740
Head-to-head across core investment metrics: Alderley wins 0, Racecourse 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.
| Metric | Alderley | Racecourse |
|---|---|---|
| Median house price | $1.7M | - |
| Median unit price | $855K | - |
| Gross rental yield (houses) | 2.46% | 2.75% |
| Gross rental yield (units) | 3.71% | - |
| 1-year house growth | +12.7% | - |
| 3-year house growth | +35.9% | - |
| Vacancy rate | 1.8% | 1.0% |
| Population | 6,748 | 181 |
Alderley vs Racecourse: what the numbers say
On cash flow, Racecourse leads: houses there return a gross rental yield of 2.75%, compared with 2.46% in Alderley, a gap of 0.29 percentage points.
Rental vacancy is 1.0% in Racecourse and 1.8% in Alderley, so landlords in Racecourse 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 Racecourse; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Racecourse for rental income, Racecourse 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
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