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Riverhills vs Woombye

Property investment comparison - Riverhills, QLD 4074 vs Woombye, QLD 4559

Head-to-head across core investment metrics: Riverhills wins 1, Woombye wins 4. 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.

MetricRiverhillsWoombye
Median house price$1.2M$1.1M
Median unit price$795K-
Gross rental yield (houses)3.31%3.73%
Gross rental yield (units)3.05%3.81%
1-year house growth-+13.8%
3-year house growth+51.2%+37.5%
Vacancy rate0.9%0.5%
Population4,1213,944

Riverhills vs Woombye: what the numbers say

The median house price is $1.2M in Riverhills and $1.1M in Woombye, so Woombye is the cheaper entry point.

On cash flow, Woombye leads: houses there return a gross rental yield of 3.73%, compared with 3.31% in Riverhills, a gap of 0.42 percentage points.

Looking back three years, Riverhills houses are +51.2% and Woombye houses +37.5%, so Riverhills has compounded faster than Woombye over the longer window.

Rental vacancy is 0.5% in Woombye and 0.9% in Riverhills, so landlords in Woombye face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Riverhills is the bigger suburb, with a population of 4,121 against 3,944, larger than Woombye; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Woombye for rental income, Woombye for a lower purchase price, Woombye 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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