Mount Pleasant vs Newtown
Property investment comparison - Mount Pleasant, QLD 4740 vs Newtown, QLD 4350
Head-to-head across core investment metrics: Mount Pleasant wins 1, Newtown 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.
| Metric | Mount Pleasant | Newtown |
|---|---|---|
| Median house price | $730K | $730K |
| Median unit price | - | $590K |
| Gross rental yield (houses) | - | 3.97% |
| Gross rental yield (units) | 4.81% | 4.18% |
| 1-year house growth | +12.5% | +18.4% |
| 3-year house growth | +54.2% | +60.0% |
| Vacancy rate | 2.4% | 0.9% |
| Population | 4,694 | 10,039 |
Mount Pleasant vs Newtown: what the numbers say
Houses cost about the same in both suburbs: the median house price is $730K in Mount Pleasant and $730K in Newtown.
Over the past year house prices moved +12.5% in Mount Pleasant and +18.4% in Newtown, so recent momentum favours Newtown, although both suburbs recorded growth.
Looking back three years, Mount Pleasant houses are +54.2% and Newtown houses +60.0%, so Newtown has compounded faster than Mount Pleasant over the longer window.
Rental vacancy is 0.9% in Newtown and 2.4% in Mount Pleasant, so landlords in Newtown face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.
Newtown is the bigger suburb, with a population of 10,039 against 4,694, roughly 2.1 times the size of Mount Pleasant; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Newtown for recent price momentum, Newtown 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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Mount Pleasant, QLD 4740
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