Alderley Buyers Agent’s Guide
Are you looking to purchase a home or investment property in Alderley? As a Buyers Agent in Alderley we’d be happy to help and have compiled the following suburb profile for your information. Best wishes with your Alderley property purchase!
Alderley is located 6km north of the Brisbane CBD and is home to the heritage-listed brickworks, a landmark for the area. Alderley is bordered by the suburbs of Enoggera, Everton Park, Stafford, Grange and Newmarket.
The population of Alderley in 2016 was around 6,108 and continues to grow. 56.2%% of households in Alderley are owner occupied and consistent predominantly of young couples with children.
Shops, restaurants and entertainment
Alderley’s main shopping precinct is located close to the intersection of Enoggera and Samford roads where there is a coles shopping centre, specialty stores, restaurants and the famous Alderley Arms Hotel.
Alderley is well-connected to the city via public transport with a centrally-located train station and frequent bus services to the city via Enoggera road.
There are no schools in the suburb itself. Nearby schools include:
State Primary Schools
State High Schools:
Parks and Green spaces
Banks St Reserve is a large area of bushland (more than 30 hectares) which contains walking trails, playing fields and parklands, and borders Enoggera Creek.
Most and least desirable areas
Character homes on large-sized blocks tend to command premium prices and many have expansive suburban views.
Traffic noise can be an issue for properties close to major thoroughfares including Enoggera, Samford and South Pine roads. Buyers should check the Brisbane City Council Flood Maps, as some areas (especially adjoining Kedron Brook) are susceptible to flooding.
Housing type and typical block size
The majority (57%) of properties in Alderley are free standing houses.
The suburb is a mix of pre- and post-war homes with typical block sizes between 400-600m2.
Many of the post war homes are now being replaced with newly built contemporary homes.
What can my money buy in Alderley?
The median house price in Alderley is $1,212,500.
The median house price in Alderley would typically buy a 4-bedroom, 2-bathroom house on a 559m2 block. For example: 49 Farrington Street Alderley, QLD, 4051 – sold for $1,250,000 in May 2022 (click to view listing and see images below).
The median unit price in Alderley is: $430,250.
This amount would typically buy a 1-bedroom, 1-bathroom, 1-garage unit in newly built complex. For example: 7/8 Wakefield Street Alderley, QLD, 4051 – sold for $420,000 in March 2022 (click to view listing and see images below).
How has the Alderley property market been performing?
In the last 5 years the median house price has increased by a massive 54%. Over the last 10 years, house prices have increased by 7.5% per annum.
Conversely units prices in Alderley have fallen by 5.4% over the last 5 years. On average, over the last 10 years unit prices have increased by only 1.1% per annum.
Supply and demand characteristics for Alderley
- Average Days on Market: Houses 33 days. Units: 25 days.
- On average houses are selling 4% above their list price. Units typically sell 6% above their list price.
- Alderley’s auction clearance rates are 80% for houses, and 0% for units.
- The average rental yield for houses is 2.87%, compared to 4.97% for units.
- There is a shortage of houses and units currently listed for sale (0.9% and 1.39% respectively).
- The rental vacancy rate for houses is 1.22%, compared to units 0.59%.
**Statistics are accurate for June 2022
Thinking about buying a property in Alderley? Our Alderley Buyers’ Agent is more than happy to have a chat. Please contact us.
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