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Alexandra Headland vs Carindale

Property investment comparison - Alexandra Headland, QLD 4572 vs Carindale, QLD 4152

Head-to-head across core investment metrics: Alexandra Headland wins 3, Carindale wins 0. 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.

MetricAlexandra HeadlandCarindale
Median house price$1.8M$1.8M
Median unit price-$980K
Gross rental yield (houses)2.70%-
Gross rental yield (units)--
1-year house growth+11.6%estimate+10.4%
3-year house growth-+36.5%
Vacancy rate1.1%1.4%
Population4,23516,535

Alexandra Headland vs Carindale: what the numbers say

The median house price is $1.8M in Alexandra Headland and $1.8M in Carindale, so Alexandra Headland is the cheaper entry point, with Carindale houses about 1% dearer.

Over the past year house prices moved +11.6% in Alexandra Headland (an estimate) and +10.4% in Carindale, so recent momentum favours Alexandra Headland, although both suburbs recorded growth.

Rental vacancy is 1.1% in Alexandra Headland and 1.4% in Carindale, so landlords in Alexandra Headland face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Carindale is the bigger suburb, with a population of 16,535 against 4,235, roughly 3.9 times the size of Alexandra Headland; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Alexandra Headland for a lower purchase price, Alexandra Headland for recent price momentum, Alexandra Headland 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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Alexandra Headland vs Carindale: Suburb Comparison 2026