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Gordonvale vs Pilerwa

Property investment comparison - Gordonvale, QLD 4865 vs Pilerwa, QLD 4650

Head-to-head across core investment metrics: Gordonvale wins 3, Pilerwa 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.

MetricGordonvalePilerwa
Median house price$725K$720K
Median unit price--
Gross rental yield (houses)4.90%4.07%
Gross rental yield (units)4.08%-
1-year house growth+16.5%+14.7%
3-year house growth+45.8%-
Vacancy rate1.0%12.5%
Population6,94450

Gordonvale vs Pilerwa: what the numbers say

The median house price is $725K in Gordonvale and $720K in Pilerwa, so Pilerwa is the cheaper entry point, with Gordonvale houses about 1% dearer.

On cash flow, Gordonvale leads: houses there return a gross rental yield of 4.90%, compared with 4.07% in Pilerwa, a gap of 0.83 percentage points.

Over the past year house prices moved +16.5% in Gordonvale and +14.7% in Pilerwa, so recent momentum favours Gordonvale, although both suburbs recorded growth.

Rental vacancy is 1.0% in Gordonvale and 12.5% in Pilerwa, so landlords in Gordonvale face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Gordonvale is the bigger suburb, with a population of 6,944 against 50, roughly 139 times the size of Pilerwa; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Gordonvale for rental income, Pilerwa for a lower purchase price, Gordonvale for recent price momentum, Gordonvale 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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