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Alderley vs Steiglitz

Property investment comparison - Alderley, QLD 4051 vs Steiglitz, QLD 4207

Head-to-head across core investment metrics: Alderley wins 2, Steiglitz 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.

MetricAlderleySteiglitz
Median house price$1.7M-
Median unit price$855K$905K
Gross rental yield (houses)2.46%2.91%
Gross rental yield (units)3.71%3.20%
1-year house growth+12.7%+17.2%
3-year house growth+35.9%+47.4%
Vacancy rate1.8%1.7%
Population6,748682

Alderley vs Steiglitz: what the numbers say

For units, Alderley sits at a median of $855K against $905K in Steiglitz, which makes Alderley the more affordable unit market and Steiglitz the pricier one.

On cash flow, Steiglitz leads: houses there return a gross rental yield of 2.91%, compared with 2.46% in Alderley, a gap of 0.45 percentage points.

Over the past year house prices moved +12.7% in Alderley and +17.2% in Steiglitz, so recent momentum favours Steiglitz, although both suburbs recorded growth.

Looking back three years, Alderley houses are +35.9% and Steiglitz houses +47.4%, so Steiglitz has compounded faster than Alderley over the longer window.

Rental vacancy is the same in both, at 1.8%.

Alderley is the bigger suburb, with a population of 6,748 against 682, roughly 10 times the size of Steiglitz; a larger suburb usually means a deeper pool of buyers and tenants.

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

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