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Flagstone vs South Maclean

Property investment comparison - Flagstone, QLD 4280 vs South Maclean, QLD 4280

Head-to-head across core investment metrics: Flagstone wins 2, South Maclean wins 2. 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.

MetricFlagstoneSouth Maclean
Median house price$925K$920K
Median unit price-$800K
Gross rental yield (houses)3.70%3.70%
Gross rental yield (units)3.60%3.11%
1-year house growth+15.2%+11.2%estimate
3-year house growth+39.4%-
Vacancy rate5.5%5.0%
Population7,0872,232

Flagstone vs South Maclean: what the numbers say

The median house price is $925K in Flagstone and $920K in South Maclean, so South Maclean is the cheaper entry point, with Flagstone houses about 1% dearer.

Gross rental yield on houses is effectively level, at 3.70% in Flagstone and 3.70% in South Maclean, so neither suburb has a cash flow edge on houses.

Over the past year house prices moved +15.2% in Flagstone and +11.2% in South Maclean (an estimate), so recent momentum favours Flagstone, although both suburbs recorded growth.

Rental vacancy is 5.0% in South Maclean and 5.5% in Flagstone, so landlords in South Maclean face less competition for tenants.

Flagstone is the bigger suburb, with a population of 7,087 against 2,232, roughly 3.2 times the size of South Maclean; a larger suburb usually means a deeper pool of buyers and tenants.

In short: South Maclean for a lower purchase price, Flagstone for recent price momentum, South Maclean 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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Flagstone vs South Maclean: Suburb Comparison 2026