Ninderry vs Preston
Property investment comparison - Ninderry, QLD 4561 vs Preston, QLD 4352
Head-to-head across core investment metrics: Ninderry wins 4, Preston wins 1. 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 | Ninderry | Preston |
|---|---|---|
| Median house price | $1.6M | $1.6M |
| Median unit price | $1.0M | $1.3M |
| Gross rental yield (houses) | 3.10% | 1.68% |
| Gross rental yield (units) | 3.05% | 2.43% |
| 1-year house growth | +13.7%estimate | +21.3%estimate |
| 3-year house growth | - | - |
| Vacancy rate | 2.1% | 9.8% |
| Population | 1,301 | 644 |
Ninderry vs Preston: what the numbers say
Houses cost about the same in both suburbs: the median house price is $1.6M in Ninderry and $1.6M in Preston.
For units, Ninderry sits at a median of $1.0M against $1.3M in Preston, which makes Ninderry the more affordable unit market and Preston the pricier one.
On cash flow, Ninderry leads: houses there return a gross rental yield of 3.10%, compared with 1.68% in Preston, a gap of 1.42 percentage points.
Over the past year house prices moved +13.7% in Ninderry (an estimate) and +21.3% in Preston (an estimate), so recent momentum favours Preston, although both suburbs recorded growth.
Rental vacancy is 2.1% in Ninderry and 9.8% in Preston, so landlords in Ninderry face less competition for tenants.
Ninderry is the bigger suburb, with a population of 1,301 against 644, roughly 2.0 times the size of Preston; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Ninderry for rental income, Preston for recent price momentum, Ninderry for the tighter rental market. 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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