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Alice River vs Coal Creek

Property investment comparison - Alice River, QLD 4817 vs Coal Creek, QLD 4312

Head-to-head across core investment metrics: Alice River wins 1, Coal Creek 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.

MetricAlice RiverCoal Creek
Median house price$1M$1M
Median unit price$520K-
Gross rental yield (houses)3.73%3.51%
Gross rental yield (units)5.04%-
1-year house growth+19.8%-
3-year house growth+39.3%-
Vacancy rate2.4%2.1%
Population2,68550

Alice River vs Coal Creek: what the numbers say

Houses cost about the same in both suburbs: the median house price is $1M in Alice River and $1M in Coal Creek.

On cash flow, Alice River leads: houses there return a gross rental yield of 3.73%, compared with 3.51% in Coal Creek, a gap of 0.22 percentage points.

Rental vacancy is 2.1% in Coal Creek and 2.4% in Alice River, so landlords in Coal Creek face less competition for tenants.

Alice River is the bigger suburb, with a population of 2,685 against 50, roughly 54 times the size of Coal Creek; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Alice River for rental income, Coal Creek 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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