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Albany Creek vs Warana

Property investment comparison - Albany Creek, QLD 4035 vs Warana, QLD 4575

Head-to-head across core investment metrics: Albany Creek wins 1, Warana 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 CreekWarana
Median house price$1.3M-
Median unit price$920K$740K
Gross rental yield (houses)3.13%-
Gross rental yield (units)4.00%5.42%
1-year house growth+17.7%+11.2%
3-year house growth+49.1%+51.2%
Vacancy rate1.5%1.4%
Population16,3853,831

Albany Creek vs Warana: what the numbers say

For units, Albany Creek sits at a median of $920K against $740K in Warana, which makes Warana the more affordable unit market and Albany Creek the pricier one.

Over the past year house prices moved +17.7% in Albany Creek and +11.2% in Warana, so recent momentum favours Albany Creek, although both suburbs recorded growth.

Looking back three years, Albany Creek houses are +49.1% and Warana houses +51.2%, so Warana has compounded faster than Albany Creek over the longer window.

Rental vacancy is 1.4% in Warana and 1.5% in Albany Creek, so landlords in Warana 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 3,831, roughly 4.3 times the size of Warana; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Albany Creek for recent price momentum, Warana 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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