Albany Creek vs Alloway
Property investment comparison - Albany Creek, QLD 4035 vs Alloway, QLD 4670
Head-to-head across core investment metrics: Albany Creek wins 2, Alloway 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 | Albany Creek | Alloway |
|---|---|---|
| Median house price | $1.3M | - |
| Median unit price | $920K | - |
| Gross rental yield (houses) | 3.13% | - |
| Gross rental yield (units) | 4.00% | - |
| 1-year house growth | +17.7% | +9.7% |
| 3-year house growth | +49.1% | +28.1% |
| Vacancy rate | 1.5% | 1.2% |
| Population | 16,385 | 488 |
Albany Creek vs Alloway: what the numbers say
Over the past year house prices moved +17.7% in Albany Creek and +9.7% in Alloway, so recent momentum favours Albany Creek, although both suburbs recorded growth.
Looking back three years, Albany Creek houses are +49.1% and Alloway houses +28.1%, so Albany Creek has compounded faster than Alloway over the longer window.
Rental vacancy is 1.2% in Alloway and 1.5% in Albany Creek, so landlords in Alloway face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.
Albany Creek is the bigger suburb, with a population of 16,385 against 488, roughly 34 times the size of Alloway; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Albany Creek for recent price momentum, Alloway 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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