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Enoggera vs Lutwyche

Property investment comparison - Enoggera, QLD 4051 vs Lutwyche, QLD 4030

Head-to-head across core investment metrics: Enoggera wins 2, Lutwyche 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.

MetricEnoggeraLutwyche
Median house price$1.5M$1.5M
Median unit price$885K$830K
Gross rental yield (houses)-2.55%
Gross rental yield (units)3.75%-
1-year house growth+17.4%+2.7%
3-year house growth+33.9%+31.2%
Vacancy rate0.5%0.3%
Population5,8494,610

Enoggera vs Lutwyche: what the numbers say

The median house price is $1.5M in Enoggera and $1.5M in Lutwyche, so Lutwyche is the cheaper entry point, with Enoggera houses about 2% dearer.

For units, Enoggera sits at a median of $885K against $830K in Lutwyche, which makes Lutwyche the more affordable unit market and Enoggera the pricier one.

Over the past year house prices moved +17.4% in Enoggera and +2.7% in Lutwyche, so recent momentum favours Enoggera, although both suburbs recorded growth.

Looking back three years, Enoggera houses are +33.9% and Lutwyche houses +31.2%, so Enoggera has compounded faster than Lutwyche over the longer window.

Rental vacancy is 0.3% in Lutwyche and 0.5% in Enoggera, so landlords in Lutwyche face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Enoggera is the bigger suburb, with a population of 5,849 against 4,610, larger than Lutwyche; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Lutwyche for a lower purchase price, Enoggera for recent price momentum, Lutwyche 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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