Aeroglen vs Gordonvale

The median house price is $720K in Aeroglen and $725K in Gordonvale, so Aeroglen is the cheaper entry point, with Gordonvale houses about 1% dearer.

On cash flow, Gordonvale leads: houses there return a gross rental yield of 4.90%, compared with 3.63% in Aeroglen, a gap of 1.27 percentage points.

Over the past year house prices moved +12.4% in Aeroglen and +16.5% in Gordonvale, so recent momentum favours Gordonvale, although both suburbs recorded growth.

Looking back three years, Aeroglen houses are +35.8% and Gordonvale houses +45.8%, so Gordonvale has compounded faster than Aeroglen over the longer window.

Rental vacancy is 1.0% in Gordonvale and 1.4% in Aeroglen, so landlords in Gordonvale face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Gordonvale is the bigger suburb, with a population of 6,944 against 405, roughly 17 times the size of Aeroglen; a larger suburb usually means a deeper pool of buyers and tenants.

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