Question 1

Is Alderley a nice place to live?

Accepted Answer

Alderley is a leafy inner-northern Brisbane suburb of mixed housing, with classic timber Queenslanders and weatherboard cottages alongside lowset post-war homes and pockets of townhouse infill. Established gardens, small parks and mature street trees create a quiet, domestic atmosphere that attracts young families and professionals seeking suburban calm close to the city. The community numbers 6,748 people and has a median age of 35.

Transport is straightforward with the Ferny Grove train line at Alderley station and regular bus routes, and nearby Newmarket and Wilston provide cafes, shops and community services. A council-led Alderley Centre Suburban Renewal Precinct plan centred on the railway station proposes a core to support mixed-use development and greater housing diversity, and station accessibility upgrades are planned; the precinct also highlights links to local destinations such as Sedgley Park and Newmarket Pool. If you value close public transport, nearby amenities and an established suburban feel, Alderley could suit you depending on what you want from a suburb.

Question 2

Is it expensive to live in Alderley?

Accepted Answer

House prices in Alderley sit well above local incomes recorded at the last Census. A median house price of $1,572,800 works out to about 13.0 times a typical local annual household income at the last Census (median weekly household income $2,320), and the median unit price of $810,000 is about 6.7 times a local year's household income.

For renters, a house rent of $780 a week would take about 33.5% of a typical local household's weekly income at the last Census, a sizeable share, while unit rent of $600 a week would take about 25.9%, a moderate share. On the figures, buying, particularly houses, looks much more stretched against local incomes than renting.

Everyone's financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.

Question 3

Is Alderley a good place to invest?

Accepted Answer

Units were the clearest mover in Alderley over the past year: median unit values climbed 31.9% and unit rents rose 20.5%. Houses also recorded strong increases, with median house values up 14.0% and house rents up 11.4%.

If rental income is your priority, the 20.5% rise in unit rents is the most relevant figure; if you are focused on capital growth, the 31.9% rise in unit values stands out. Whether that balance suits your investment goals and circumstances is for you to decide.

This information has been prepared without taking your objectives, needs and overall financial situation into account. It is not meant to be a substitute for professional financial advice. For this reason, you should consider the appropriateness of the information and, if necessary, seek appropriate professional advice.

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	Houses	Units
Median price Past 3 months	$1.57M	$810K
Change in value Past 12 months	14.0%	31.9%
Sold Past 3 months	13	11
Median days on market Past 12 months	18	13
Average rent Past 12 months	$780	$600
Change in rent Past 12 months	11.4%	20.5%