Albany Creek vs Parklands
Property investment comparison - Albany Creek, QLD 4035 vs Parklands, QLD 4560
Head-to-head across core investment metrics: Albany Creek wins 2, Parklands wins 2. 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 | Parklands |
|---|---|---|
| Median house price | $1.3M | - |
| Median unit price | $920K | - |
| Gross rental yield (houses) | 3.13% | 4.15% |
| Gross rental yield (units) | 4.00% | - |
| 1-year house growth | +17.7% | +20.8% |
| 3-year house growth | +49.1% | +35.6% |
| Vacancy rate | 1.5% | 4.5% |
| Population | 16,385 | 198 |
Albany Creek vs Parklands: what the numbers say
On cash flow, Parklands leads: houses there return a gross rental yield of 4.15%, compared with 3.13% in Albany Creek, a gap of 1.02 percentage points.
Over the past year house prices moved +17.7% in Albany Creek and +20.8% in Parklands, so recent momentum favours Parklands, although both suburbs recorded growth.
Looking back three years, Albany Creek houses are +49.1% and Parklands houses +35.6%, so Albany Creek has compounded faster than Parklands over the longer window.
Rental vacancy is 1.5% in Albany Creek and 4.5% in Parklands, so landlords in Albany 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 198, roughly 83 times the size of Parklands; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Parklands for rental income, Parklands for recent price momentum, Albany Creek 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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