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Modbury Heights vs Queenstown

Property investment comparison - Modbury Heights, SA 5092 vs Queenstown, SA 5014

Head-to-head across core investment metrics: Modbury Heights wins 1, Queenstown 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.

MetricModbury HeightsQueenstown
Median house price$985K$975K
Median unit price-$640K
Gross rental yield (houses)3.60%-
Gross rental yield (units)4.50%-
1-year house growth+14.1%-1.5%
3-year house growth+36.3%+40.0%
Vacancy rate0.9%0.4%
Population6,9951,943

Modbury Heights vs Queenstown: what the numbers say

The median house price is $985K in Modbury Heights and $975K in Queenstown, so Queenstown is the cheaper entry point, with Modbury Heights houses about 1% dearer.

Over the past year house prices moved +14.1% in Modbury Heights and -1.5% in Queenstown, so recent momentum favours Modbury Heights, while Queenstown went backwards.

Looking back three years, Modbury Heights houses are +36.3% and Queenstown houses +40.0%, so Queenstown has compounded faster than Modbury Heights over the longer window.

Rental vacancy is 0.4% in Queenstown and 0.9% in Modbury Heights, so landlords in Queenstown face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Modbury Heights is the bigger suburb, with a population of 6,995 against 1,943, roughly 3.6 times the size of Queenstown; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Queenstown for a lower purchase price, Modbury Heights for recent price momentum, Queenstown 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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