Augustine Heights vs Greenbank
Property investment comparison - Augustine Heights, QLD 4300 vs Greenbank, QLD 4124
Head-to-head across core investment metrics: Augustine Heights wins 4, Greenbank wins 0. 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 | Augustine Heights | Greenbank |
|---|---|---|
| Median house price | $1.1M | $1.1M |
| Median unit price | $805K | $815K |
| Gross rental yield (houses) | 3.26% | - |
| Gross rental yield (units) | 3.89% | 3.11% |
| 1-year house growth | +18.3%estimate | +16.7% |
| 3-year house growth | - | +16.0% |
| Vacancy rate | 0.8% | 5.0% |
| Population | 6,088 | 9,587 |
Augustine Heights vs Greenbank: what the numbers say
Houses cost about the same in both suburbs: the median house price is $1.1M in Augustine Heights and $1.1M in Greenbank.
For units, Augustine Heights sits at a median of $805K against $815K in Greenbank, which makes Augustine Heights the more affordable unit market and Greenbank the pricier one.
Over the past year house prices moved +18.3% in Augustine Heights (an estimate) and +16.7% in Greenbank, so recent momentum favours Augustine Heights, although both suburbs recorded growth.
Rental vacancy is 0.8% in Augustine Heights and 5.0% in Greenbank, so landlords in Augustine Heights face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.
Greenbank is the bigger suburb, with a population of 9,587 against 6,088, larger than Augustine Heights; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Augustine Heights for recent price momentum, Augustine Heights 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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Augustine Heights, QLD 4300
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