Albany Creek vs Redwood
Property investment comparison - Albany Creek, QLD 4035 vs Redwood, QLD 4350
Head-to-head across core investment metrics: Albany Creek wins 3, Redwood 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 | Redwood |
|---|---|---|
| Median house price | $1.3M | - |
| Median unit price | $920K | $980K |
| Gross rental yield (houses) | 3.13% | 2.37% |
| Gross rental yield (units) | 4.00% | 2.79% |
| 1-year house growth | +17.7% | - |
| 3-year house growth | +49.1% | - |
| Vacancy rate | 1.5% | 0.7% |
| Population | 16,385 | 159 |
Albany Creek vs Redwood: what the numbers say
For units, Albany Creek sits at a median of $920K against $980K in Redwood, which makes Albany Creek the more affordable unit market and Redwood the pricier one.
On cash flow, Albany Creek leads: houses there return a gross rental yield of 3.13%, compared with 2.37% in Redwood, a gap of 0.76 percentage points.
Rental vacancy is 0.7% in Redwood and 1.5% in Albany Creek, so landlords in Redwood 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 159, roughly 103 times the size of Redwood; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Albany Creek for rental income, Redwood 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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