Mudgeeraba vs Varsity Lakes
Property investment comparison - Mudgeeraba, QLD 4213 vs Varsity Lakes, QLD 4227
Head-to-head across core investment metrics: Mudgeeraba wins 2, Varsity Lakes 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 | Mudgeeraba | Varsity Lakes |
|---|---|---|
| Median house price | $1.4M | $1.4M |
| Median unit price | $940K | $920K |
| Gross rental yield (houses) | 3.80% | 3.88% |
| Gross rental yield (units) | 4.67% | 4.60% |
| 1-year house growth | +9.2%estimate | +13.0% |
| 3-year house growth | - | +41.3% |
| Vacancy rate | 0.5% | 0.6% |
| Population | 14,578 | 16,493 |
Mudgeeraba vs Varsity Lakes: what the numbers say
The median house price is $1.4M in Mudgeeraba and $1.4M in Varsity Lakes, so Varsity Lakes is the cheaper entry point, with Mudgeeraba houses about 1% dearer.
For units, Mudgeeraba sits at a median of $940K against $920K in Varsity Lakes, which makes Varsity Lakes the more affordable unit market and Mudgeeraba the pricier one.
On cash flow, Varsity Lakes leads: houses there return a gross rental yield of 3.88%, compared with 3.80% in Mudgeeraba, a gap of 0.08 percentage points.
Over the past year house prices moved +9.2% in Mudgeeraba (an estimate) and +13.0% in Varsity Lakes, so recent momentum favours Varsity Lakes, although both suburbs recorded growth.
Rental vacancy is the same in both, at 0.5%.
Varsity Lakes is the bigger suburb, with a population of 16,493 against 14,578, larger than Mudgeeraba; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Varsity Lakes for rental income, Varsity Lakes for a lower purchase price, Varsity Lakes for recent price momentum. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.
Keep exploring
- National investment guide - top suburbs across every metric
- Take the suburb finder quiz - 5 questions to match your goals
- How our investment score works
- Property investment glossary - every term defined
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