Side by sideSuburb comparison

Newmarket vs Alderley.

Comparing two suburbs with median house prices of $1,490,000 and $1,330,000. Alderley edges out on more headline metrics in this comparison.

Alderley (median $1,330,000) is roughly 12% cheaper to buy into than Newmarket ($1,490,000).

Alderley scores higher on walkability (44/100 vs 86/100 ), useful if you're optimising for a car-light household. On school quality, the average ICSEA across schools serving Newmarket (1137) sits above Alderley (1113).

The takeWhich suburb suits which buyer

For buyers

Alderley is the lower entry point at $1,330,000 median, 12% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.

For investors

Alderley offers the higher gross rental yield (3.75% vs 2.62%), favouring cash-flow investors.

For families

Newmarket edges out on average school ICSEA (1137 vs 1113).

Common questionsNewmarket vs Alderley

Common questions

Is Newmarket or Alderley cheaper to buy in?

Alderley has the lower median house price at $1,330,000, roughly 12% below Newmarket ($1,490,000). The gap on units is usually similar but worth checking on the full suburb profiles.

Does Newmarket or Alderley have better schools?

On average school ICSEA (the ACARA index that benchmarks educational advantage), Newmarket scores 1137 vs 1113 in Alderley. ICSEA is a school-community indicator, not a quality rating, so always check NAPLAN results and catchment boundaries for the specific address you're considering.

Which is more walkable, Newmarket or Alderley?

Alderley scores 86/100 on walkability vs 44/100. Above 70 is considered very walkable (most errands on foot), 50-69 is walkable for some errands, below 50 typically requires a car for daily life.

Which suburb has higher rental yield, Newmarket or Alderley?

Gross rental yield on houses is 3.75% in Alderley vs 2.62% in Newmarket. Gross yield equals annual rent divided by purchase price. Net yield (after strata, rates, insurance, agent fees and maintenance) typically runs 1.5-2 percentage points lower.

The numbers behind the take

Newmarket
Metric
Alderley

Price & Market

$1,490,000
Median house
$1,330,000
$560,000
Median unit
$593,000
+0.0%
Annual growth (house)
+0.0%
Days on market

Rental

$750/wk
Rent (house / wk)
$960/wk
$630/wk
Rent (unit / wk)
$600/wk
52.0%
Owner occupied
58.0%
45.0%
Renter occupied
41.0%

Lifestyle & Demographics

44
Walk score
86
20
Transit score
20
100
Bike score
100
5,083
Population
6,748
33
Median age
35

Risk & Hazard

Flood class
Bushfire risk

Schools

20
Schools nearby
20
1137
Avg ICSEA
1113

Climate

1068 mm
Annual rainfall
1068 mm
30.4°C
Mean max (Jan)
30.4°C

Green dot = better on that metric (lower price, higher growth, higher walkability, lower risk).