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Alderley vs Yerra

Property investment comparison - Alderley, QLD 4051 vs Yerra, QLD 4650

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

MetricAlderleyYerra
Median house price$1.7M-
Median unit price$855K-
Gross rental yield (houses)2.46%3.86%
Gross rental yield (units)3.71%-
1-year house growth+12.7%-
3-year house growth+35.9%-
Vacancy rate1.8%12.3%
Population6,748110

Alderley vs Yerra: what the numbers say

On cash flow, Yerra leads: houses there return a gross rental yield of 3.86%, compared with 2.46% in Alderley, a gap of 1.40 percentage points.

Rental vacancy is 1.8% in Alderley and 12.3% in Yerra, so landlords in Alderley 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 110, roughly 61 times the size of Yerra; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Yerra for rental income, Alderley 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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