Aitkenvale vs Lamb Island
Property investment comparison - Aitkenvale, QLD 4814 vs Lamb Island, QLD 4184
Head-to-head across core investment metrics: Aitkenvale wins 3, Lamb Island wins 2. 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 | Aitkenvale | Lamb Island |
|---|---|---|
| Median house price | $615K | - |
| Median unit price | $530K | $715K |
| Gross rental yield (houses) | 4.62% | 4.80% |
| Gross rental yield (units) | 4.61% | 3.32% |
| 1-year house growth | +16.9%estimate | +12.0% |
| 3-year house growth | - | +35.1% |
| Vacancy rate | 1.1% | 0.5% |
| Population | 4,797 | 504 |
Aitkenvale vs Lamb Island: what the numbers say
For units, Aitkenvale sits at a median of $530K against $715K in Lamb Island, which makes Aitkenvale the more affordable unit market and Lamb Island the pricier one.
On cash flow, Lamb Island leads: houses there return a gross rental yield of 4.80%, compared with 4.62% in Aitkenvale, a gap of 0.18 percentage points.
Over the past year house prices moved +16.9% in Aitkenvale (an estimate) and +12.0% in Lamb Island, so recent momentum favours Aitkenvale, although both suburbs recorded growth.
Rental vacancy is 0.5% in Lamb Island and 1.1% in Aitkenvale, so landlords in Lamb Island face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.
Aitkenvale is the bigger suburb, with a population of 4,797 against 504, roughly 10 times the size of Lamb Island; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Lamb Island for rental income, Aitkenvale for recent price momentum, Lamb Island 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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