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Avenell Heights vs Mungar

Property investment comparison - Avenell Heights, QLD 4670 vs Mungar, QLD 4650

Head-to-head across core investment metrics: Avenell Heights wins 2, Mungar wins 1. 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.

MetricAvenell HeightsMungar
Median house price$670K$670K
Median unit price$490K$900K
Gross rental yield (houses)4.78%-
Gross rental yield (units)-2.33%
1-year house growth+16.8%estimate+6.8%estimate
3-year house growth--
Vacancy rate1.1%1.1%
Population5,028328

Avenell Heights vs Mungar: what the numbers say

Houses cost about the same in both suburbs: the median house price is $670K in Avenell Heights and $670K in Mungar.

For units, Avenell Heights sits at a median of $490K against $900K in Mungar, which makes Avenell Heights the more affordable unit market and Mungar the pricier one.

Over the past year house prices moved +16.8% in Avenell Heights (an estimate) and +6.8% in Mungar (an estimate), so recent momentum favours Avenell Heights, although both suburbs recorded growth.

Rental vacancy is 1.1% in Mungar and 1.1% in Avenell Heights, so landlords in Mungar face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Avenell Heights is the bigger suburb, with a population of 5,028 against 328, roughly 15 times the size of Mungar; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Avenell Heights for recent price momentum, Mungar 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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