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Chelmer vs Gordon Park

Property investment comparison - Chelmer, QLD 4068 vs Gordon Park, QLD 4031

Head-to-head across core investment metrics: Chelmer wins 0, Gordon Park wins 3. 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.

MetricChelmerGordon Park
Median house price$1.8M$1.7M
Median unit price-$820K
Gross rental yield (houses)3.01%-
Gross rental yield (units)5.49%-
1-year house growth-1.7%estimate+12.1%
3-year house growth-+31.8%
Vacancy rate2.0%0.9%
Population3,3254,390

Chelmer vs Gordon Park: what the numbers say

The median house price is $1.8M in Chelmer and $1.7M in Gordon Park, so Gordon Park is the cheaper entry point, with Chelmer houses about 1% dearer.

Over the past year house prices moved -1.7% in Chelmer (an estimate) and +12.1% in Gordon Park, so recent momentum favours Gordon Park, while Chelmer went backwards.

Rental vacancy is 0.9% in Gordon Park and 2.0% in Chelmer, so landlords in Gordon Park face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Gordon Park is the bigger suburb, with a population of 4,390 against 3,325, larger than Chelmer; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Gordon Park for a lower purchase price, Gordon Park for recent price momentum, Gordon Park 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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