Craignish vs Peak Crossing
Property investment comparison - Craignish, QLD 4655 vs Peak Crossing, QLD 4306
Head-to-head across core investment metrics: Craignish wins 4, Peak Crossing 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 | Craignish | Peak Crossing |
|---|---|---|
| Median house price | $1.1M | $1.1M |
| Median unit price | $570K | $750K |
| Gross rental yield (houses) | 3.62% | 2.93% |
| Gross rental yield (units) | 5.07% | 2.61% |
| 1-year house growth | +10.4%estimate | - |
| 3-year house growth | - | +72.5% |
| Vacancy rate | 1.2% | 1.0% |
| Population | 2,190 | 1,016 |
Craignish vs Peak Crossing: what the numbers say
The median house price is $1.1M in Craignish and $1.1M in Peak Crossing, so Craignish is the cheaper entry point.
For units, Craignish sits at a median of $570K against $750K in Peak Crossing, which makes Craignish the more affordable unit market and Peak Crossing the pricier one.
On cash flow, Craignish leads: houses there return a gross rental yield of 3.62%, compared with 2.93% in Peak Crossing, a gap of 0.69 percentage points.
Rental vacancy is 1.0% in Peak Crossing and 1.2% in Craignish, so landlords in Peak Crossing face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.
Craignish is the bigger suburb, with a population of 2,190 against 1,016, roughly 2.2 times the size of Peak Crossing; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Craignish for rental income, Craignish for a lower purchase price, Peak Crossing for the tighter rental market. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.
Keep exploring
- National investment guide - top suburbs across every metric
- Take the suburb finder quiz - 5 questions to match your goals
- How our investment score works
- Property investment glossary - every term defined
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