Redridge vs Wyreema
Property investment comparison - Redridge, QLD 4660 vs Wyreema, QLD 4352
Head-to-head across core investment metrics: Redridge wins 3, Wyreema wins 2. 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 | Redridge | Wyreema |
|---|---|---|
| Median house price | $800K | $800K |
| Median unit price | $405K | $1.3M |
| Gross rental yield (houses) | 4.08% | 4.06% |
| Gross rental yield (units) | 6.60% | 1.40% |
| 1-year house growth | +15.6% | - |
| 3-year house growth | +44.1% | +62.8% |
| Vacancy rate | 3.4% | 0.6% |
| Population | 711 | 2,076 |
Redridge vs Wyreema: what the numbers say
Houses cost about the same in both suburbs: the median house price is $800K in Redridge and $800K in Wyreema.
For units, Redridge sits at a median of $405K against $1.3M in Wyreema, which makes Redridge the more affordable unit market and Wyreema the pricier one.
Gross rental yield on houses is effectively level, at 4.08% in Redridge and 4.06% in Wyreema, so neither suburb has a cash flow edge on houses.
Looking back three years, Redridge houses are +44.1% and Wyreema houses +62.8%, so Wyreema has compounded faster than Redridge over the longer window.
Rental vacancy is 0.6% in Wyreema and 3.4% in Redridge, so landlords in Wyreema face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.
Wyreema is the bigger suburb, with a population of 2,076 against 711, roughly 2.9 times the size of Redridge; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Wyreema 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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