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Alderley vs Wellcamp

Property investment comparison - Alderley, QLD 4051 vs Wellcamp, QLD 4350

Head-to-head across core investment metrics: Alderley wins 3, Wellcamp wins 1. 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.

MetricAlderleyWellcamp
Median house price$1.7M-
Median unit price$855K$1.2M
Gross rental yield (houses)2.46%2.28%
Gross rental yield (units)3.71%2.37%
1-year house growth+12.7%-
3-year house growth+35.9%-
Vacancy rate1.8%0.8%
Population6,748346

Alderley vs Wellcamp: what the numbers say

For units, Alderley sits at a median of $855K against $1.2M in Wellcamp, which makes Alderley the more affordable unit market and Wellcamp the pricier one.

On cash flow, Alderley leads: houses there return a gross rental yield of 2.46%, compared with 2.28% in Wellcamp, a gap of 0.18 percentage points.

Rental vacancy is 0.8% in Wellcamp and 1.8% in Alderley, so landlords in Wellcamp 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 346, roughly 20 times the size of Wellcamp; a larger suburb usually means a deeper pool of buyers and tenants.

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

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