Aldershot vs Balnagowan
Property investment comparison - Aldershot, QLD 4650 vs Balnagowan, QLD 4740
Head-to-head across core investment metrics: Aldershot wins 1, Balnagowan 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 | Aldershot | Balnagowan |
|---|---|---|
| Median house price | $545K | - |
| Median unit price | $375K | - |
| Gross rental yield (houses) | 4.93% | 4.08% |
| Gross rental yield (units) | 5.63% | - |
| 1-year house growth | +18.5% | - |
| 3-year house growth | +56.0% | - |
| Vacancy rate | 1.8% | 1.1% |
| Population | 1,311 | 438 |
Aldershot vs Balnagowan: what the numbers say
On cash flow, Aldershot leads: houses there return a gross rental yield of 4.93%, compared with 4.08% in Balnagowan, a gap of 0.85 percentage points.
Rental vacancy is 1.1% in Balnagowan and 1.8% in Aldershot, so landlords in Balnagowan face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.
Aldershot is the bigger suburb, with a population of 1,311 against 438, roughly 3.0 times the size of Balnagowan; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Aldershot for rental income, Balnagowan 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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