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Diamond Head vs Middle Park

Property investment comparison - Diamond Head, QLD 4551 vs Middle Park, QLD 4074

Head-to-head across core investment metrics: Diamond Head wins 2, Middle Park 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.

MetricDiamond HeadMiddle Park
Median house price$1.3M$1.3M
Median unit price--
Gross rental yield (houses)3.78%3.37%
Gross rental yield (units)-2.88%
1-year house growth-+9.9%
3-year house growth-+47.1%
Vacancy rate5.3%1.0%
Population-3,845

Diamond Head vs Middle Park: what the numbers say

The median house price is $1.3M in Diamond Head and $1.3M in Middle Park, so Diamond Head is the cheaper entry point, with Middle Park houses about 1% dearer.

On cash flow, Diamond Head leads: houses there return a gross rental yield of 3.78%, compared with 3.37% in Middle Park, a gap of 0.41 percentage points.

Rental vacancy is 1.0% in Middle Park and 5.3% in Diamond Head, so landlords in Middle Park face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

In short: Diamond Head for rental income, Diamond Head for a lower purchase price, Middle 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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