Montville vs Upper Mount Gravatt

Houses cost about the same in both suburbs: the median house price is $1.4M in Montville and $1.4M in Upper Mount Gravatt.

For units, Montville sits at a median of $490K against $795K in Upper Mount Gravatt, which makes Montville the more affordable unit market and Upper Mount Gravatt the pricier one.

On cash flow, Montville leads: houses there return a gross rental yield of 3.18%, compared with 2.66% in Upper Mount Gravatt, a gap of 0.52 percentage points.

Over the past year house prices moved +12.7% in Montville and +10.8% in Upper Mount Gravatt, so recent momentum favours Montville, although both suburbs recorded growth.

Looking back three years, Montville houses are +42.3% and Upper Mount Gravatt houses +38.1%, so Montville has compounded faster than Upper Mount Gravatt over the longer window.

Rental vacancy is 0.8% in Upper Mount Gravatt and 2.6% in Montville, so landlords in Upper Mount Gravatt face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Upper Mount Gravatt is the bigger suburb, with a population of 10,800 against 1,092, roughly 10 times the size of Montville; a larger suburb usually means a deeper pool of buyers and tenants.

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