Adare vs Cannon Creek
Property investment comparison - Adare, QLD 4343 vs Cannon Creek, QLD 4310
Head-to-head across core investment metrics: Adare wins 2, Cannon Creek wins 0. The better choice depends on whether you're optimising for cash flow, growth, affordability, or liquidity, the table below highlights the winner on each metric.
| Metric | Adare | Cannon Creek |
|---|---|---|
| Median house price | $930K | - |
| Median unit price | $285K | - |
| Gross rental yield (houses) | 3.74% | 2.90% |
| Gross rental yield (units) | 5.66% | - |
| 1-year house growth | +17.6%estimate | - |
| 3-year house growth | - | - |
| Vacancy rate | 0.9% | 1.4% |
| Population | 1,027 | 75 |
Adare vs Cannon Creek: what the numbers say
On cash flow, Adare leads: houses there return a gross rental yield of 3.74%, compared with 2.90% in Cannon Creek, a gap of 0.84 percentage points.
Rental vacancy is 0.9% in Adare and 1.4% in Cannon Creek, so landlords in Adare face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.
Adare is the bigger suburb, with a population of 1,027 against 75, roughly 14 times the size of Cannon Creek; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Adare for rental income, Adare for the tighter rental market. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.
Keep exploring
- National investment guide - top suburbs across every metric
- Take the suburb finder quiz - 5 questions to match your goals
- How our investment score works
- Property investment glossary - every term defined
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