Centenary Heights vs Eastern Heights
Property investment comparison - Centenary Heights, QLD 4350 vs Eastern Heights, QLD 4305
Head-to-head across core investment metrics: Centenary Heights wins 4, Eastern Heights 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.
| Metric | Centenary Heights | Eastern Heights |
|---|---|---|
| Median house price | $850K | $855K |
| Median unit price | $665K | - |
| Gross rental yield (houses) | 3.80% | 3.40% |
| Gross rental yield (units) | 4.30% | 3.55% |
| 1-year house growth | +19.3% | +21.3%estimate |
| 3-year house growth | +52.8% | - |
| Vacancy rate | 1.0% | 1.2% |
| Population | 6,152 | 3,631 |
Centenary Heights vs Eastern Heights: what the numbers say
The median house price is $850K in Centenary Heights and $855K in Eastern Heights, so Centenary Heights is the cheaper entry point, with Eastern Heights houses about 1% dearer.
On cash flow, Centenary Heights leads: houses there return a gross rental yield of 3.80%, compared with 3.40% in Eastern Heights, a gap of 0.40 percentage points.
Over the past year house prices moved +19.3% in Centenary Heights and +21.3% in Eastern Heights (an estimate), so recent momentum favours Eastern Heights, although both suburbs recorded growth.
Rental vacancy is 1.0% in Centenary Heights and 1.2% in Eastern Heights, so landlords in Centenary Heights face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.
Centenary Heights is the bigger suburb, with a population of 6,152 against 3,631, larger than Eastern Heights; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Centenary Heights for rental income, Centenary Heights for a lower purchase price, Eastern Heights for recent price momentum, Centenary 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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Centenary Heights, QLD 4350
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Eastern Heights, QLD 4305
Open Eastern Heights suburb profileRecent sales in Eastern Heights
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