Aitkenvale vs Shelly Beach
Property investment comparison - Aitkenvale, QLD 4814 vs Shelly Beach, QLD 4551
Head-to-head across core investment metrics: Aitkenvale wins 2, Shelly Beach 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 | Shelly Beach |
|---|---|---|
| Median house price | $615K | - |
| Median unit price | $530K | - |
| Gross rental yield (houses) | 4.62% | 1.88% |
| Gross rental yield (units) | 4.61% | - |
| 1-year house growth | +16.9%estimate | +16.0% |
| 3-year house growth | - | +35.3% |
| Vacancy rate | 1.1% | 0.9% |
| Population | 4,797 | 925 |
Aitkenvale vs Shelly Beach: what the numbers say
On cash flow, Aitkenvale leads: houses there return a gross rental yield of 4.62%, compared with 1.88% in Shelly Beach, a gap of 2.74 percentage points.
Over the past year house prices moved +16.9% in Aitkenvale (an estimate) and +16.0% in Shelly Beach, so recent momentum favours Aitkenvale, although both suburbs recorded growth.
Rental vacancy is 0.9% in Shelly Beach and 1.1% in Aitkenvale, so landlords in Shelly Beach 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 925, roughly 5 times the size of Shelly Beach; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Aitkenvale for rental income, Aitkenvale for recent price momentum, Shelly Beach 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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