Ashgrove vs Kawana Island
Property investment comparison - Ashgrove, QLD 4060 vs Kawana Island, QLD 4575
Head-to-head across core investment metrics: Ashgrove wins 3, Kawana Island 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 | Ashgrove | Kawana Island |
|---|---|---|
| Median house price | $2.0M | $2.0M |
| Median unit price | $925K | $1.1M |
| Gross rental yield (houses) | 2.50% | 2.77% |
| Gross rental yield (units) | 3.66% | 4.29% |
| 1-year house growth | +11.1% | - |
| 3-year house growth | +28.9% | - |
| Vacancy rate | 1.1% | 1.8% |
| Population | 13,450 | - |
Ashgrove vs Kawana Island: what the numbers say
The median house price is $2.0M in Ashgrove and $2.0M in Kawana Island, so Ashgrove is the cheaper entry point, with Kawana Island houses about 1% dearer.
For units, Ashgrove sits at a median of $925K against $1.1M in Kawana Island, which makes Ashgrove the more affordable unit market and Kawana Island the pricier one.
On cash flow, Kawana Island leads: houses there return a gross rental yield of 2.77%, compared with 2.50% in Ashgrove, a gap of 0.27 percentage points.
Rental vacancy is 1.1% in Ashgrove and 1.8% in Kawana Island, so landlords in Ashgrove face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.
In short: Kawana Island for rental income, Ashgrove for a lower purchase price, Ashgrove 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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