Alice River vs Durack

Houses cost about the same in both suburbs: the median house price is $1M in Alice River and $1M in Durack.

For units, Alice River sits at a median of $520K against $735K in Durack, which makes Alice River the more affordable unit market and Durack the pricier one.

On cash flow, Alice River leads: houses there return a gross rental yield of 3.73%, compared with 3.54% in Durack, a gap of 0.19 percentage points.

Over the past year house prices moved +19.8% in Alice River and +17.3% in Durack, so recent momentum favours Alice River, although both suburbs recorded growth.

Looking back three years, Alice River houses are +39.3% and Durack houses +54.3%, so Durack has compounded faster than Alice River over the longer window.

Rental vacancy is 0.7% in Durack and 2.4% in Alice River, so landlords in Durack face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Durack is the bigger suburb, with a population of 7,788 against 2,685, roughly 2.9 times the size of Alice River; a larger suburb usually means a deeper pool of buyers and tenants.

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