Alderley vs Tugun

For units, Alderley sits at a median of $855K against $1.1M in Tugun, which makes Alderley the more affordable unit market and Tugun the pricier one.

On cash flow, Tugun leads: houses there return a gross rental yield of 3.85%, compared with 2.46% in Alderley, a gap of 1.39 percentage points.

Over the past year house prices moved +12.7% in Alderley and +13.4% in Tugun, so recent momentum favours Tugun, although both suburbs recorded growth.

Looking back three years, Alderley houses are +35.9% and Tugun houses +43.3%, so Tugun has compounded faster than Alderley over the longer window.

Rental vacancy is 1.4% in Tugun and 1.8% in Alderley, so landlords in Tugun face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Tugun is the bigger suburb, with a population of 7,175 against 6,748, larger than Alderley; a larger suburb usually means a deeper pool of buyers and tenants.

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