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Eastern Heights vs Raceview

Property investment comparison - Eastern Heights, QLD 4305 vs Raceview, QLD 4305

Head-to-head across core investment metrics: Eastern Heights wins 0, Raceview wins 4. 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.

MetricEastern HeightsRaceview
Median house price$855K$855K
Median unit price-$640K
Gross rental yield (houses)3.40%3.80%
Gross rental yield (units)3.55%4.00%
1-year house growth+21.3%estimate+22.1%
3-year house growth-+63.3%
Vacancy rate1.2%1.1%
Population3,6319,699

Eastern Heights vs Raceview: what the numbers say

Houses cost about the same in both suburbs: the median house price is $855K in Eastern Heights and $855K in Raceview.

On cash flow, Raceview 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 +21.3% in Eastern Heights (an estimate) and +22.1% in Raceview, so recent momentum favours Raceview, although both suburbs recorded growth.

Rental vacancy is 1.1% in Raceview and 1.2% in Eastern Heights, so landlords in Raceview face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Raceview is the bigger suburb, with a population of 9,699 against 3,631, roughly 2.7 times the size of Eastern Heights; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Raceview for rental income, Raceview for recent price momentum, Raceview 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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