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Gleneagle vs Murray

Property investment comparison - Gleneagle, QLD 4285 vs Murray, QLD 4814

Head-to-head across core investment metrics: Gleneagle wins 1, Murray 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.

MetricGleneagleMurray
Median house price$865K$865K
Median unit price$675K$480K
Gross rental yield (houses)3.70%3.54%
Gross rental yield (units)3.97%5.53%
1-year house growth+17.9%-
3-year house growth+45.8%-
Vacancy rate2.4%1.6%
Population2,1061,739

Gleneagle vs Murray: what the numbers say

Houses cost about the same in both suburbs: the median house price is $865K in Gleneagle and $865K in Murray.

For units, Gleneagle sits at a median of $675K against $480K in Murray, which makes Murray the more affordable unit market and Gleneagle the pricier one.

On cash flow, Gleneagle leads: houses there return a gross rental yield of 3.70%, compared with 3.54% in Murray, a gap of 0.16 percentage points.

Rental vacancy is 1.6% in Murray and 2.4% in Gleneagle, so landlords in Murray face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Gleneagle is the bigger suburb, with a population of 2,106 against 1,739, larger than Murray; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Gleneagle for rental income, Murray 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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