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Herston vs Mons

Property investment comparison - Herston, QLD 4006 vs Mons, QLD 4556

Head-to-head across core investment metrics: Herston wins 4, Mons 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.

MetricHerstonMons
Median house price$1.8M$1.8M
Median unit price$795K$920K
Gross rental yield (houses)-3.40%
Gross rental yield (units)3.80%3.65%
1-year house growth+6.7%+12.2%
3-year house growth+32.3%+31.6%
Vacancy rate1.4%5.0%
Population2,3111,179

Herston vs Mons: what the numbers say

Houses cost about the same in both suburbs: the median house price is $1.8M in Herston and $1.8M in Mons.

For units, Herston sits at a median of $795K against $920K in Mons, which makes Herston the more affordable unit market and Mons the pricier one.

Over the past year house prices moved +6.7% in Herston and +12.2% in Mons, so recent momentum favours Mons, although both suburbs recorded growth.

Looking back three years, Herston houses are +32.3% and Mons houses +31.6%, so Herston has compounded faster than Mons over the longer window.

Rental vacancy is 1.4% in Herston and 5.0% in Mons, so landlords in Herston face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Herston is the bigger suburb, with a population of 2,311 against 1,179, larger than Mons; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Mons for recent price momentum, Herston 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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