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Augustine Heights vs Ormeau Hills

Property investment comparison - Augustine Heights, QLD 4300 vs Ormeau Hills, QLD 4208

Head-to-head across core investment metrics: Augustine Heights wins 4, Ormeau Hills 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.

MetricAugustine HeightsOrmeau Hills
Median house price$1.1M$1.1M
Median unit price$805K$1.1M
Gross rental yield (houses)3.26%-
Gross rental yield (units)3.89%1.95%
1-year house growth+18.3%estimate+10.5%
3-year house growth-+41.9%
Vacancy rate0.8%1.6%
Population6,0884,521

Augustine Heights vs Ormeau Hills: 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 Ormeau Hills.

For units, Augustine Heights sits at a median of $805K against $1.1M in Ormeau Hills, which makes Augustine Heights the more affordable unit market and Ormeau Hills the pricier one.

Over the past year house prices moved +18.3% in Augustine Heights (an estimate) and +10.5% in Ormeau Hills, so recent momentum favours Augustine Heights, although both suburbs recorded growth.

Rental vacancy is 0.8% in Augustine Heights and 1.6% in Ormeau Hills, 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.

Augustine Heights is the bigger suburb, with a population of 6,088 against 4,521, larger than Ormeau Hills; 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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