Could Alderley be the best suburb in Brisbane’s northern suburbs? Read on to find out!
Date Prepared: 27th December 2024
Overview
Alderley, located just 7 km north of Brisbane’s CBD, is a charming suburb known for its leafy streets, family-friendly vibe, and proximity to key amenities. Boasting a mix of modern and traditional Queenslander homes, Alderley offers excellent connectivity, reputable schools, and ample recreational spaces, making it a prime choice for families, professionals, and investors alike.
Suburb Snapshot
- Median House Price (2024): $1,420,000
- Annual Growth Rate (2024): +14.1%
- Distance to Brisbane CBD: 7 km (Approx. 15 minutes’ drive)
- Distance to Sunshine Coast CBD: 105 km (Approx. 1 hour 20 minutes’ drive)
- Distance to Westfield Chermside: 9 km (Approx. 15 minutes’ drive)
Alderley’s strategic location and blend of lifestyle features make it a highly desirable suburb in Brisbane’s north.
Demographics
- Population: 6,000 (approx.)
- Median Age: 38 years
- Housing Types: Predominantly detached houses with a mix of townhouses and boutique apartments (ABS 2021).
Alderley attracts a mix of families, young professionals, and retirees, offering a well-rounded community atmosphere.
Property Market Overview
House Market
- Median Sale Price (2024): $1,420,000
- Median Weekly Rent (2024): $690
- Rental Yield: 2.5%
Unit Market
- Median Sale Price (2024): $622,000
- Median Weekly Rent (2024): $550
- Rental Yield: 4.6%
Long-term Growth
Alderley has shown consistent long-term growth, with the median house price increasing from $460,000 in 2006 to $1,420,000 in 2024. This represents an annual growth rate of 6.55% over 18 years, highlighting the suburb’s resilience and appeal.
- Significant Growth Spurts:
- 2021: +30.6% (Post-pandemic housing demand and local infrastructure enhancements)
- 2024: +14.1% (Increased demand and limited supply)
Vacancy Rates
- Vacancy Rate (Nov 2024): 1.9%
Notable Recent Sales
- 25 Campbell Terrace – $2,050,000 (Dec 2024)
- 3 Avida Street – $2,875,000 (Nov 2024)
- 28 Braeside Terrace – $3,585,000 (Oct 2024)
Education Options
- Primary Schools: Alderley State School, Newmarket State School
- Secondary School: Everton Park State High School
- Private Schools: Hillbrook Anglican School, Mount Maria College
- Child Care Centres: 5 (sourced from Toddle, CareforKids, and LocalSearch)
Lifestyle and Amenities
Shopping and Dining
Residents enjoy easy access to Alderley Plaza and nearby shopping precincts like Newmarket Village, offering retail stores, specialty shops, and diverse dining options.
Parks and Recreation
- Grinstead Park: A popular spot for families, featuring playgrounds and picnic areas.
- Kedron Brook Bikeway: Ideal for cycling and walking enthusiasts.
Health and Wellbeing
- Local Healthcare Services: Alderley Clinic, Newmarket Family Practice
- Closest Hospitals: Royal Brisbane and Women’s Hospital (Herston), The Prince Charles Hospital (Chermside)
- Pharmacies: Multiple options located at Alderley Plaza and nearby centres.
- Community Health Initiatives: Regular fitness and wellness events held in local parks.
Community and Employment
- Key Employment Sectors: Healthcare, education, professional services, and retail.
- Community Activities: Local markets, cultural events, and sports clubs strengthen Alderley’s vibrant community.
Recent and Planned Developments
Recent Developments
- Alderley Train Station Upgrade (2023): Improved transit accessibility and amenities for residents.
- Kedron Brook Green Corridor (2023): Enhancements to walking and cycling pathways.
Planned Developments
- Northern Gateway Urban Precinct (Planned 2026): A mixed-use development featuring residential and commercial spaces.
- Green Link Extension Project (Planned 2028): Aimed at improving connectivity between Alderley and neighbouring suburbs.
For more development projects in Brisbane North, [Click here].
For more development projects in South East Queensland, [Click here].
Key Statistics Table
| Metric | Value |
|---|---|
| Population | 6,000 (approx.) |
| Median House Price (2024) | $1,360,000 |
| Median Unit Price (2024) | $622,000 |
| Median Weekly Rent (House) | $690 |
| Median Weekly Rent (Unit) | $550 |
| Rental Yield (House) | 2.6% |
| Rental Yield (Unit) | 4.6% |
| Vacancy Rate (Nov 2024) | 1.9% |
| Child Care Centres | 5 |
Brisbane Buyer’s Agent Introduction
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Conclusion: Why Choose Alderley?
Alderley combines suburban tranquillity with urban convenience, making it a top choice for families, professionals, and investors. Its excellent amenities, strong community, and long-term growth potential highlight its appeal.
Ready to make Alderley your next destination? Contact us today to begin your journey!