Granville vs Heatley
Property investment comparison - Granville, QLD 4650 vs Heatley, QLD 4814
Head-to-head across core investment metrics: Granville wins 1, Heatley 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.
| Metric | Granville | Heatley |
|---|---|---|
| Median house price | $585K | $585K |
| Median unit price | - | $205K |
| Gross rental yield (houses) | 4.90% | 4.99% |
| Gross rental yield (units) | - | - |
| 1-year house growth | - | +19.6% |
| 3-year house growth | +60.6% | +86.8% |
| Vacancy rate | 0.7% | 1.0% |
| Population | 2,532 | 3,907 |
Granville vs Heatley: what the numbers say
Houses cost about the same in both suburbs: the median house price is $585K in Granville and $585K in Heatley.
On cash flow, Heatley leads: houses there return a gross rental yield of 4.99%, compared with 4.90% in Granville, a gap of 0.09 percentage points.
Looking back three years, Granville houses are +60.6% and Heatley houses +86.8%, so Heatley has compounded faster than Granville over the longer window.
Rental vacancy is 0.7% in Granville and 1.0% in Heatley, so landlords in Granville face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.
Heatley is the bigger suburb, with a population of 3,907 against 2,532, larger than Granville; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Heatley for rental income, Granville for the tighter rental market. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.
Keep exploring
- National investment guide - top suburbs across every metric
- Take the suburb finder quiz - 5 questions to match your goals
- How our investment score works
- Property investment glossary - every term defined
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