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Albany Creek vs Paget

Property investment comparison - Albany Creek, QLD 4035 vs Paget, QLD 4740

Head-to-head across core investment metrics: Albany Creek wins 0, Paget wins 4. 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 CreekPaget
Median house price$1.3M-
Median unit price$920K$215K
Gross rental yield (houses)3.13%5.59%
Gross rental yield (units)4.00%11.85%
1-year house growth+17.7%-
3-year house growth+49.1%-
Vacancy rate1.5%0.5%
Population16,385339

Albany Creek vs Paget: what the numbers say

For units, Albany Creek sits at a median of $920K against $215K in Paget, which makes Paget the more affordable unit market and Albany Creek the pricier one.

On cash flow, Paget leads: houses there return a gross rental yield of 5.59%, compared with 3.13% in Albany Creek, a gap of 2.46 percentage points.

Rental vacancy is 0.5% in Paget and 1.5% in Albany Creek, so landlords in Paget 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 339, roughly 48 times the size of Paget; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Paget for rental income, Paget 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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