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Adare vs Coonarr

Property investment comparison - Adare, QLD 4343 vs Coonarr, QLD 4670

Head-to-head across core investment metrics: Adare wins 3, Coonarr 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.

MetricAdareCoonarr
Median house price$930K-
Median unit price$285K-
Gross rental yield (houses)3.74%2.23%
Gross rental yield (units)5.66%-
1-year house growth+17.6%estimate+13.9%
3-year house growth-+19.4%
Vacancy rate0.9%6.6%
Population1,027257

Adare vs Coonarr: what the numbers say

On cash flow, Adare leads: houses there return a gross rental yield of 3.74%, compared with 2.23% in Coonarr, a gap of 1.51 percentage points.

Over the past year house prices moved +17.6% in Adare (an estimate) and +13.9% in Coonarr, so recent momentum favours Adare, although both suburbs recorded growth.

Rental vacancy is 0.9% in Adare and 6.6% in Coonarr, so landlords in Adare face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Adare is the bigger suburb, with a population of 1,027 against 257, roughly 4.0 times the size of Coonarr; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Adare for rental income, Adare for recent price momentum, Adare 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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