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Adare vs Palm Beach

Property investment comparison - Adare, QLD 4343 vs Palm Beach, QLD 4221

Head-to-head across core investment metrics: Adare wins 4, Palm Beach 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.

MetricAdarePalm Beach
Median house price$930K-
Median unit price$285K$1.2M
Gross rental yield (houses)3.74%3.20%
Gross rental yield (units)5.66%-
1-year house growth+17.6%estimate+11.9%
3-year house growth-+30.8%
Vacancy rate0.9%2.1%
Population1,02716,349

Adare vs Palm Beach: what the numbers say

For units, Adare sits at a median of $285K against $1.2M in Palm Beach, which makes Adare the more affordable unit market and Palm Beach the pricier one.

On cash flow, Adare leads: houses there return a gross rental yield of 3.74%, compared with 3.20% in Palm Beach, a gap of 0.54 percentage points.

Over the past year house prices moved +17.6% in Adare (an estimate) and +11.9% in Palm Beach, so recent momentum favours Adare, although both suburbs recorded growth.

Rental vacancy is 0.9% in Adare and 2.1% in Palm Beach, so landlords in Adare face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Palm Beach is the bigger suburb, with a population of 16,349 against 1,027, roughly 16 times the size of Adare; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Adare for rental income, Adare for recent price momentum, Adare for the tighter rental market. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.

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