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Deeragun vs Horse Camp

Property investment comparison - Deeragun, QLD 4818 vs Horse Camp, QLD 4671

Head-to-head across core investment metrics: Deeragun wins 2, Horse Camp 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.

MetricDeeragunHorse Camp
Median house price$640K$635K
Median unit price-$320K
Gross rental yield (houses)-3.76%
Gross rental yield (units)4.74%6.60%
1-year house growth+16.3%+18.7%
3-year house growth+77.5%+51.8%
Vacancy rate0.9%5.1%
Population4,273486

Deeragun vs Horse Camp: what the numbers say

The median house price is $640K in Deeragun and $635K in Horse Camp, so Horse Camp is the cheaper entry point, with Deeragun houses about 1% dearer.

Over the past year house prices moved +16.3% in Deeragun and +18.7% in Horse Camp, so recent momentum favours Horse Camp, although both suburbs recorded growth.

Looking back three years, Deeragun houses are +77.5% and Horse Camp houses +51.8%, so Deeragun has compounded faster than Horse Camp over the longer window.

Rental vacancy is 0.9% in Deeragun and 5.1% in Horse Camp, so landlords in Deeragun face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Deeragun is the bigger suburb, with a population of 4,273 against 486, roughly 9 times the size of Horse Camp; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Horse Camp for a lower purchase price, Horse Camp for recent price momentum, Deeragun 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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