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Cedar Vale vs Mount Forbes

Property investment comparison - Cedar Vale, QLD 4285 vs Mount Forbes, QLD 4340

Head-to-head across core investment metrics: Cedar Vale wins 2, Mount Forbes 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.

MetricCedar ValeMount Forbes
Median house price$1.1M$1.2M
Median unit price$2.8M$565K
Gross rental yield (houses)3.09%2.90%
Gross rental yield (units)-4.89%
1-year house growth+17.8%estimate-
3-year house growth--
Vacancy rate0.8%0.2%
Population2,856262

Cedar Vale vs Mount Forbes: what the numbers say

The median house price is $1.1M in Cedar Vale and $1.2M in Mount Forbes, so Cedar Vale is the cheaper entry point.

For units, Cedar Vale sits at a median of $2.8M against $565K in Mount Forbes, which makes Mount Forbes the more affordable unit market and Cedar Vale the pricier one.

On cash flow, Cedar Vale leads: houses there return a gross rental yield of 3.09%, compared with 2.90% in Mount Forbes, a gap of 0.19 percentage points.

Rental vacancy is 0.2% in Mount Forbes and 0.8% in Cedar Vale, so landlords in Mount Forbes face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Cedar Vale is the bigger suburb, with a population of 2,856 against 262, roughly 11 times the size of Mount Forbes; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Cedar Vale for rental income, Cedar Vale for a lower purchase price, Mount Forbes 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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