Aitkenvale vs Mount Pleasant
Property investment comparison - Aitkenvale, QLD 4814 vs Mount Pleasant, QLD 4521
Head-to-head across core investment metrics: Aitkenvale wins 3, Mount Pleasant 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 | Aitkenvale | Mount Pleasant |
|---|---|---|
| Median house price | $615K | - |
| Median unit price | $530K | $450K |
| Gross rental yield (houses) | 4.62% | - |
| Gross rental yield (units) | 4.61% | 3.39% |
| 1-year house growth | +16.9%estimate | +10.0% |
| 3-year house growth | - | - |
| Vacancy rate | 1.1% | 2.5% |
| Population | 4,797 | 390 |
Aitkenvale vs Mount Pleasant: what the numbers say
For units, Aitkenvale sits at a median of $530K against $450K in Mount Pleasant, which makes Mount Pleasant the more affordable unit market and Aitkenvale the pricier one.
Over the past year house prices moved +16.9% in Aitkenvale (an estimate) and +10.0% in Mount Pleasant, so recent momentum favours Aitkenvale, although both suburbs recorded growth.
Rental vacancy is 1.1% in Aitkenvale and 2.5% in Mount Pleasant, so landlords in Aitkenvale 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 390, roughly 12 times the size of Mount Pleasant; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Aitkenvale for recent price momentum, Aitkenvale 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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Mount Pleasant, QLD 4521
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