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Rasmussen vs Wandal

Property investment comparison - Rasmussen, QLD 4815 vs Wandal, QLD 4700

Head-to-head across core investment metrics: Rasmussen wins 3, Wandal 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.

MetricRasmussenWandal
Median house price$600K$600K
Median unit price--
Gross rental yield (houses)4.80%-
Gross rental yield (units)--
1-year house growth+17.7%+14.0%
3-year house growth+82.7%+66.8%
Vacancy rate1.3%2.0%
Population4,6693,949

Rasmussen vs Wandal: what the numbers say

Houses cost about the same in both suburbs: the median house price is $600K in Rasmussen and $600K in Wandal.

Over the past year house prices moved +17.7% in Rasmussen and +14.0% in Wandal, so recent momentum favours Rasmussen, although both suburbs recorded growth.

Looking back three years, Rasmussen houses are +82.7% and Wandal houses +66.8%, so Rasmussen has compounded faster than Wandal over the longer window.

Rental vacancy is 1.3% in Rasmussen and 2.0% in Wandal, so landlords in Rasmussen face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Rasmussen is the bigger suburb, with a population of 4,669 against 3,949, larger than Wandal; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Rasmussen for recent price momentum, Rasmussen 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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