Adare vs Palmyra
Property investment comparison - Adare, QLD 4343 vs Palmyra, QLD 4751
Head-to-head across core investment metrics: Adare wins 3, Palmyra wins 1. 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 | Palmyra |
|---|---|---|
| Median house price | $930K | - |
| Median unit price | $285K | $1.1M |
| Gross rental yield (houses) | 3.74% | 2.26% |
| Gross rental yield (units) | 5.66% | 2.56% |
| 1-year house growth | +17.6%estimate | - |
| 3-year house growth | - | - |
| Vacancy rate | 0.9% | 0.8% |
| Population | 1,027 | 250 |
Adare vs Palmyra: what the numbers say
For units, Adare sits at a median of $285K against $1.1M in Palmyra, which makes Adare the more affordable unit market and Palmyra the pricier one.
On cash flow, Adare leads: houses there return a gross rental yield of 3.74%, compared with 2.26% in Palmyra, a gap of 1.48 percentage points.
Rental vacancy is 0.8% in Palmyra and 0.9% in Adare, so landlords in Palmyra 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 250, roughly 4.1 times the size of Palmyra; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Adare for rental income, Palmyra 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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