Alderley vs The Leap
Property investment comparison - Alderley, QLD 4051 vs The Leap, QLD 4740
Head-to-head across core investment metrics: Alderley wins 2, The Leap 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 | The Leap |
|---|---|---|
| Median house price | $1.7M | - |
| Median unit price | $860K | $1.5M |
| Gross rental yield (houses) | 2.45% | 3.49% |
| Gross rental yield (units) | 3.69% | 1.89% |
| 1-year house growth | +9.9% | - |
| 3-year house growth | +36.8% | - |
| Vacancy rate | 2.0% | 1.1% |
| Population | 6,748 | 664 |
Alderley vs The Leap: what the numbers say
For units, Alderley sits at a median of $860K against $1.5M in The Leap, which makes Alderley the more affordable unit market and The Leap the pricier one.
On cash flow, The Leap leads: houses there return a gross rental yield of 3.49%, compared with 2.45% in Alderley, a gap of 1.04 percentage points.
Rental vacancy is 1.1% in The Leap and 2.0% in Alderley, so landlords in The Leap 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 664, roughly 10 times the size of The Leap; a larger suburb usually means a deeper pool of buyers and tenants.
In short: The Leap for rental income, The Leap 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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