Apple Tree Creek vs Blackbutt North

Houses cost about the same in both suburbs: the median house price is $660K in Apple Tree Creek and $660K in Blackbutt North.

For units, Apple Tree Creek sits at a median of $215K against $355K in Blackbutt North, which makes Apple Tree Creek the more affordable unit market and Blackbutt North the pricier one.

On cash flow, Blackbutt North leads: houses there return a gross rental yield of 4.40%, compared with 4.12% in Apple Tree Creek, a gap of 0.28 percentage points.

Over the past year house prices moved +17.9% in Apple Tree Creek and +17.7% in Blackbutt North, so recent momentum favours Apple Tree Creek, although both suburbs recorded growth.

Looking back three years, Apple Tree Creek houses are +57.5% and Blackbutt North houses +63.2%, so Blackbutt North has compounded faster than Apple Tree Creek over the longer window.

Rental vacancy is 1.2% in Blackbutt North and 4.2% in Apple Tree Creek, so landlords in Blackbutt North face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Apple Tree Creek is the bigger suburb, with a population of 726 against 451, larger than Blackbutt North; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Blackbutt North for rental income, Apple Tree Creek for recent price momentum, Blackbutt North for the tighter rental market. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.