Alderley vs Walkers Point
Property investment comparison - Alderley, QLD 4051 vs Walkers Point, QLD 4650
Head-to-head across core investment metrics: Alderley wins 2, Walkers Point 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 | Walkers Point |
|---|---|---|
| Median house price | $1.7M | - |
| Median unit price | $855K | $620K |
| Gross rental yield (houses) | 2.46% | 1.72% |
| Gross rental yield (units) | 3.71% | 3.48% |
| 1-year house growth | +12.7% | - |
| 3-year house growth | +35.9% | - |
| Vacancy rate | 1.8% | 1.1% |
| Population | 6,748 | 75 |
Alderley vs Walkers Point: what the numbers say
For units, Alderley sits at a median of $855K against $620K in Walkers Point, which makes Walkers Point the more affordable unit market and Alderley the pricier one.
On cash flow, Alderley leads: houses there return a gross rental yield of 2.46%, compared with 1.72% in Walkers Point, a gap of 0.74 percentage points.
Rental vacancy is 1.1% in Walkers Point and 1.8% in Alderley, so landlords in Walkers Point 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 75, roughly 90 times the size of Walkers Point; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Alderley for rental income, Walkers Point 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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