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Albany Creek vs Cannon Creek

Property investment comparison - Albany Creek, QLD 4035 vs Cannon Creek, QLD 4310

Head-to-head across core investment metrics: Albany Creek wins 1, Cannon Creek 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.

MetricAlbany CreekCannon Creek
Median house price$1.3M-
Median unit price$920K-
Gross rental yield (houses)3.13%2.90%
Gross rental yield (units)4.00%-
1-year house growth+17.7%-
3-year house growth+49.1%-
Vacancy rate1.5%1.4%
Population16,38575

Albany Creek vs Cannon Creek: what the numbers say

On cash flow, Albany Creek leads: houses there return a gross rental yield of 3.13%, compared with 2.90% in Cannon Creek, a gap of 0.23 percentage points.

Rental vacancy is 1.4% in Cannon Creek and 1.5% in Albany Creek, so landlords in Cannon Creek 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 75, roughly 218 times the size of Cannon Creek; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Albany Creek for rental income, Cannon Creek 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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