Alderley vs Sarina

For units, Alderley sits at a median of $860K against $550K in Sarina, which makes Sarina the more affordable unit market and Alderley the pricier one.

On cash flow, Sarina leads: houses there return a gross rental yield of 5.70%, compared with 2.45% in Alderley, a gap of 3.25 percentage points.

Over the past year house prices moved +9.9% in Alderley and +13.0% in Sarina, so recent momentum favours Sarina, although both suburbs recorded growth.

Looking back three years, Alderley houses are +36.8% and Sarina houses +37.3%, so Sarina has compounded faster than Alderley over the longer window.

Rental vacancy is 1.3% in Sarina and 2.0% in Alderley, so landlords in Sarina 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 5,619, larger than Sarina; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Sarina for rental income, Sarina for recent price momentum, Sarina for the tighter rental market. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.