Adare vs Racecourse
Property investment comparison - Adare, QLD 4343 vs Racecourse, QLD 4740
Head-to-head across core investment metrics: Adare wins 2, Racecourse 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 | Racecourse |
|---|---|---|
| Median house price | $930K | - |
| Median unit price | $285K | - |
| Gross rental yield (houses) | 3.74% | 2.75% |
| Gross rental yield (units) | 5.66% | - |
| 1-year house growth | +17.6%estimate | - |
| 3-year house growth | - | - |
| Vacancy rate | 0.9% | 1.0% |
| Population | 1,027 | 181 |
Adare vs Racecourse: what the numbers say
On cash flow, Adare leads: houses there return a gross rental yield of 3.74%, compared with 2.75% in Racecourse, a gap of 0.99 percentage points.
Rental vacancy is 0.9% in Adare and 1.0% in Racecourse, 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 181, roughly 6 times the size of Racecourse; 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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