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Mount Lindesay vs Woolloongabba

Property investment comparison - Mount Lindesay, QLD 4287 vs Woolloongabba, QLD 4102

Head-to-head across core investment metrics: Mount Lindesay wins 1, Woolloongabba wins 2. 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.

MetricMount LindesayWoolloongabba
Median house price$1.5M$1.5M
Median unit price-$805K
Gross rental yield (houses)1.96%2.65%
Gross rental yield (units)-4.80%
1-year house growth-+13.3%
3-year house growth-+25.8%
Vacancy rate2.6%0.7%
Population148,687

Mount Lindesay vs Woolloongabba: what the numbers say

The median house price is $1.5M in Mount Lindesay and $1.5M in Woolloongabba, so Mount Lindesay is the cheaper entry point, with Woolloongabba houses about 1% dearer.

On cash flow, Woolloongabba leads: houses there return a gross rental yield of 2.65%, compared with 1.96% in Mount Lindesay, a gap of 0.69 percentage points.

Rental vacancy is 0.7% in Woolloongabba and 2.6% in Mount Lindesay, so landlords in Woolloongabba face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Woolloongabba is the bigger suburb, with a population of 8,687 against 14, roughly 621 times the size of Mount Lindesay; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Woolloongabba for rental income, Mount Lindesay for a lower purchase price, Woolloongabba 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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