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Apple Tree Creek vs Kirwan

Property investment comparison - Apple Tree Creek, QLD 4660 vs Kirwan, QLD 4817

Head-to-head across core investment metrics: Apple Tree Creek wins 1, Kirwan wins 3. 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.

MetricApple Tree CreekKirwan
Median house price$660K$660K
Median unit price$215K-
Gross rental yield (houses)4.12%-
Gross rental yield (units)4.42%4.94%
1-year house growth+17.9%+14.6%
3-year house growth+57.5%+68.8%
Vacancy rate4.2%1.4%
Population72620,780

Apple Tree Creek vs Kirwan: what the numbers say

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

Over the past year house prices moved +17.9% in Apple Tree Creek and +14.6% in Kirwan, so recent momentum favours Apple Tree Creek, although both suburbs recorded growth.

Looking back three years, Apple Tree Creek houses are +57.5% and Kirwan houses +68.8%, so Kirwan has compounded faster than Apple Tree Creek over the longer window.

Rental vacancy is 1.4% in Kirwan and 4.2% in Apple Tree Creek, so landlords in Kirwan face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Kirwan is the bigger suburb, with a population of 20,780 against 726, roughly 29 times the size of Apple Tree Creek; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Apple Tree Creek for recent price momentum, Kirwan 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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