Pallarenda vs South Maclean
Property investment comparison - Pallarenda, QLD 4810 vs South Maclean, QLD 4280
Head-to-head across core investment metrics: Pallarenda wins 5, South Maclean wins 0. 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 | Pallarenda | South Maclean |
|---|---|---|
| Median house price | $920K | $920K |
| Median unit price | $390K | $800K |
| Gross rental yield (houses) | 4.12% | 3.70% |
| Gross rental yield (units) | 7.56% | 3.11% |
| 1-year house growth | +11.7% | +11.2%estimate |
| 3-year house growth | +47.2% | - |
| Vacancy rate | 2.6% | 5.0% |
| Population | 778 | 2,232 |
Pallarenda vs South Maclean: what the numbers say
Houses cost about the same in both suburbs: the median house price is $920K in Pallarenda and $920K in South Maclean.
For units, Pallarenda sits at a median of $390K against $800K in South Maclean, which makes Pallarenda the more affordable unit market and South Maclean the pricier one.
On cash flow, Pallarenda leads: houses there return a gross rental yield of 4.12%, compared with 3.70% in South Maclean, a gap of 0.42 percentage points.
Over the past year house prices moved +11.7% in Pallarenda and +11.2% in South Maclean (an estimate), so recent momentum favours Pallarenda, although both suburbs recorded growth.
Rental vacancy is 2.6% in Pallarenda and 5.0% in South Maclean, so landlords in Pallarenda face less competition for tenants.
South Maclean is the bigger suburb, with a population of 2,232 against 778, roughly 2.9 times the size of Pallarenda; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Pallarenda for rental income, Pallarenda for recent price momentum, Pallarenda 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
Compare any 2-4 Australian suburbs
Build your own multi-suburb comparison with the full interactive tool.
Open interactive comparison