Augustine Heights vs Redcliffe

The median house price is $1.1M in Augustine Heights and $1.0M in Redcliffe, so Redcliffe is the cheaper entry point, with Augustine Heights houses about 1% dearer.

For units, Augustine Heights sits at a median of $805K against $870K in Redcliffe, which makes Augustine Heights the more affordable unit market and Redcliffe the pricier one.

Gross rental yield on houses is effectively level, at 3.26% in Augustine Heights and 3.25% in Redcliffe, so neither suburb has a cash flow edge on houses.

Over the past year house prices moved +18.3% in Augustine Heights (an estimate) and +14.5% in Redcliffe, so recent momentum favours Augustine Heights, although both suburbs recorded growth.

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

Redcliffe is the bigger suburb, with a population of 10,460 against 6,088, larger than Augustine Heights; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Redcliffe for a lower purchase price, 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.