Parkwood vs Sandgate
Property investment comparison - Parkwood, QLD 4214 vs Sandgate, QLD 4017
Head-to-head across core investment metrics: Parkwood wins 3, Sandgate 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 | Parkwood | Sandgate |
|---|---|---|
| Median house price | $1.3M | $1.3M |
| Median unit price | $595K | $955K |
| Gross rental yield (houses) | - | 2.94% |
| Gross rental yield (units) | - | 2.73% |
| 1-year house growth | +13.4% | +13.2% |
| 3-year house growth | +39.8% | +29.0% |
| Vacancy rate | 1.9% | 0.4% |
| Population | 8,837 | 4,926 |
Parkwood vs Sandgate: what the numbers say
Houses cost about the same in both suburbs: the median house price is $1.3M in Parkwood and $1.3M in Sandgate.
For units, Parkwood sits at a median of $595K against $955K in Sandgate, which makes Parkwood the more affordable unit market and Sandgate the pricier one.
Over the past year house prices moved +13.4% in Parkwood and +13.2% in Sandgate, so recent momentum favours Parkwood, although both suburbs recorded growth.
Looking back three years, Parkwood houses are +39.8% and Sandgate houses +29.0%, so Parkwood has compounded faster than Sandgate over the longer window.
Rental vacancy is 0.4% in Sandgate and 1.9% in Parkwood, so landlords in Sandgate face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.
Parkwood is the bigger suburb, with a population of 8,837 against 4,926, larger than Sandgate; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Parkwood for recent price momentum, Sandgate 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