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Nikenbah vs Zillmere

Property investment comparison - Nikenbah, QLD 4655 vs Zillmere, QLD 4034

Head-to-head across core investment metrics: Nikenbah wins 0, Zillmere 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.

MetricNikenbahZillmere
Median house price$1.1M$1.1M
Median unit price$990K$750K
Gross rental yield (houses)-3.33%
Gross rental yield (units)3.10%-
1-year house growth+18.1%+19.6%estimate
3-year house growth+31.2%-
Vacancy rate2.7%1.2%
Population1,2349,323

Nikenbah vs Zillmere: what the numbers say

Houses cost about the same in both suburbs: the median house price is $1.1M in Nikenbah and $1.1M in Zillmere.

For units, Nikenbah sits at a median of $990K against $750K in Zillmere, which makes Zillmere the more affordable unit market and Nikenbah the pricier one.

Over the past year house prices moved +18.1% in Nikenbah and +19.6% in Zillmere (an estimate), so recent momentum favours Zillmere, although both suburbs recorded growth.

Rental vacancy is 1.2% in Zillmere and 2.7% in Nikenbah, so landlords in Zillmere face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Zillmere is the bigger suburb, with a population of 9,323 against 1,234, roughly 8 times the size of Nikenbah; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Zillmere for recent price momentum, Zillmere 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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