Albany Creek vs Parkhurst
Property investment comparison - Albany Creek, QLD 4035 vs Parkhurst, QLD 4702
Head-to-head across core investment metrics: Albany Creek wins 2, Parkhurst wins 3. 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 | Parkhurst |
|---|---|---|
| Median house price | $1.3M | - |
| Median unit price | $920K | $675K |
| Gross rental yield (houses) | 3.13% | 3.63% |
| Gross rental yield (units) | 4.00% | 3.78% |
| 1-year house growth | +17.7% | +11.7%estimate |
| 3-year house growth | +49.1% | - |
| Vacancy rate | 1.5% | 0.4% |
| Population | 16,385 | 3,043 |
Albany Creek vs Parkhurst: what the numbers say
For units, Albany Creek sits at a median of $920K against $675K in Parkhurst, which makes Parkhurst the more affordable unit market and Albany Creek the pricier one.
On cash flow, Parkhurst leads: houses there return a gross rental yield of 3.63%, compared with 3.13% in Albany Creek, a gap of 0.50 percentage points.
Over the past year house prices moved +17.7% in Albany Creek and +11.7% in Parkhurst (an estimate), so recent momentum favours Albany Creek, although both suburbs recorded growth.
Rental vacancy is 0.4% in Parkhurst and 1.5% in Albany Creek, so landlords in Parkhurst 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 3,043, roughly 5 times the size of Parkhurst; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Parkhurst for rental income, Albany Creek 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
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