Jamboree Heights vs Murrumba Downs

Houses cost about the same in both suburbs: the median house price is $1.1M in Jamboree Heights and $1.1M in Murrumba Downs.

For units, Jamboree Heights sits at a median of $900K against $770K in Murrumba Downs, which makes Murrumba Downs the more affordable unit market and Jamboree Heights the pricier one.

Over the past year house prices moved +19.0% in Jamboree Heights and +12.6% in Murrumba Downs, so recent momentum favours Jamboree Heights, although both suburbs recorded growth.

Looking back three years, Jamboree Heights houses are +45.4% and Murrumba Downs houses +53.7%, so Murrumba Downs has compounded faster than Jamboree Heights over the longer window.

Rental vacancy is 1.1% in Jamboree Heights and 1.3% in Murrumba Downs, so landlords in Jamboree Heights face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Murrumba Downs is the bigger suburb, with a population of 10,795 against 3,141, roughly 3.4 times the size of Jamboree Heights; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Jamboree Heights for recent price momentum, Jamboree Heights for the tighter rental market. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.