The paper by researchers from the University of Melbourne examined factors such as mental health, family cohesion and self-esteem within 300 same-sex parent families across Australia.
Most measures were found to be equivalent, if not slightly higher, than that of the general population's.
The study attributed the results to a more evenly distributed share of household chores, which was found to create a more harmonious family unit and have a positive impact on child health.
"The traditional nurturing role is shared; it's not one parent over another; the traditional breadwinning role is shared," research participant and parent of three boys, Rodney Chiang-Cruise, told ABC News.
"I think it teaches the child that everybody contributes in an equal way and you all have to take responsibility for the family."
Family Voice Australia has dismissed the results, claiming that study fails to capture the bigger picture.
"I wasn't surprised that these parents, who volunteered for the study, all thought their children were doing well," the national research officer of Family Voice, Roslyn Phillips, told ABC News.
"You've got to look beyond studies like these to what happens when the child reaches adulthood, and that's the only time with independent assessment you can really say what's gone on during the parenting."