Aitkenvale vs Parkhurst
Property investment comparison - Aitkenvale, QLD 4814 vs Parkhurst, QLD 4702
Head-to-head across core investment metrics: Aitkenvale wins 4, Parkhurst 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 | Parkhurst |
|---|---|---|
| Median house price | $615K | - |
| Median unit price | $530K | $675K |
| Gross rental yield (houses) | 4.62% | 3.63% |
| Gross rental yield (units) | 4.61% | 3.78% |
| 1-year house growth | +16.9%estimate | +11.7%estimate |
| 3-year house growth | - | - |
| Vacancy rate | 1.1% | 0.4% |
| Population | 4,797 | 3,043 |
Aitkenvale vs Parkhurst: what the numbers say
For units, Aitkenvale sits at a median of $530K against $675K in Parkhurst, which makes Aitkenvale the more affordable unit market and Parkhurst the pricier one.
On cash flow, Aitkenvale leads: houses there return a gross rental yield of 4.62%, compared with 3.63% in Parkhurst, a gap of 0.99 percentage points.
Over the past year house prices moved +16.9% in Aitkenvale (an estimate) and +11.7% in Parkhurst (an estimate), so recent momentum favours Aitkenvale, although both suburbs recorded growth.
Rental vacancy is 0.4% in Parkhurst and 1.1% in Aitkenvale, so landlords in Parkhurst 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 3,043, larger than Parkhurst; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Aitkenvale for rental income, Aitkenvale for recent price momentum, Parkhurst 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
Compare any 2-4 Australian suburbs
Build your own multi-suburb comparison with the full interactive tool.
Open interactive comparison