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Running Creek vs Woombye

Property investment comparison - Running Creek, QLD 4287 vs Woombye, QLD 4559

Head-to-head across core investment metrics: Running Creek wins 0, Woombye wins 3. 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.

MetricRunning CreekWoombye
Median house price$1.2M$1.1M
Median unit price--
Gross rental yield (houses)2.66%3.73%
Gross rental yield (units)-3.81%
1-year house growth-+13.8%
3-year house growth-+37.5%
Vacancy rate3.5%0.5%
Population1463,944

Running Creek vs Woombye: what the numbers say

The median house price is $1.2M in Running Creek 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 2.66% in Running Creek, a gap of 1.07 percentage points.

Rental vacancy is 0.5% in Woombye and 3.5% in Running Creek, so landlords in Woombye face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Woombye is the bigger suburb, with a population of 3,944 against 146, roughly 27 times the size of Running Creek; 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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