Cape Gloucester vs Waterford
Property investment comparison - Cape Gloucester, QLD 4800 vs Waterford, QLD 4133
Head-to-head across core investment metrics: Cape Gloucester wins 0, Waterford wins 2. 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 | Cape Gloucester | Waterford |
|---|---|---|
| Median house price | $920K | $920K |
| Median unit price | $790K | $670K |
| Gross rental yield (houses) | - | 3.80% |
| Gross rental yield (units) | - | 4.20% |
| 1-year house growth | - | +18.7% |
| 3-year house growth | - | +53.8% |
| Vacancy rate | 1.1% | 0.9% |
| Population | 85 | 5,796 |
Cape Gloucester vs Waterford: what the numbers say
Houses cost about the same in both suburbs: the median house price is $920K in Cape Gloucester and $920K in Waterford.
For units, Cape Gloucester sits at a median of $790K against $670K in Waterford, which makes Waterford the more affordable unit market and Cape Gloucester the pricier one.
Rental vacancy is 0.9% in Waterford and 1.1% in Cape Gloucester, so landlords in Waterford face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.
Waterford is the bigger suburb, with a population of 5,796 against 85, roughly 68 times the size of Cape Gloucester; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Waterford 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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Cape Gloucester, QLD 4800
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