Mount Gravatt East vs Parkinson
Property investment comparison - Mount Gravatt East, QLD 4122 vs Parkinson, QLD 4115
Head-to-head across core investment metrics: Mount Gravatt East wins 1, Parkinson wins 4. 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 | Mount Gravatt East | Parkinson |
|---|---|---|
| Median house price | $1.4M | $1.4M |
| Median unit price | $870K | $815K |
| Gross rental yield (houses) | 2.67% | 3.08% |
| Gross rental yield (units) | 4.02% | - |
| 1-year house growth | +13.2% | +17.1% |
| 3-year house growth | +50.3% | +52.2% |
| Vacancy rate | 1.1% | 1.1% |
| Population | 12,428 | 11,148 |
Mount Gravatt East vs Parkinson: what the numbers say
Houses cost about the same in both suburbs: the median house price is $1.4M in Mount Gravatt East and $1.4M in Parkinson.
For units, Mount Gravatt East sits at a median of $870K against $815K in Parkinson, which makes Parkinson the more affordable unit market and Mount Gravatt East the pricier one.
On cash flow, Parkinson leads: houses there return a gross rental yield of 3.08%, compared with 2.67% in Mount Gravatt East, a gap of 0.41 percentage points.
Over the past year house prices moved +13.2% in Mount Gravatt East and +17.1% in Parkinson, so recent momentum favours Parkinson, although both suburbs recorded growth.
Looking back three years, Mount Gravatt East houses are +50.3% and Parkinson houses +52.2%, so Parkinson has compounded faster than Mount Gravatt East over the longer window.
Rental vacancy is the same in both, at 1.1%.
Mount Gravatt East is the bigger suburb, with a population of 12,428 against 11,148, larger than Parkinson; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Parkinson for rental income, Parkinson for recent price momentum. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.
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Mount Gravatt East, QLD 4122
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