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Bellara vs Murray

Property investment comparison - Bellara, QLD 4507 vs Murray, QLD 4814

Head-to-head across core investment metrics: Bellara wins 2, Murray 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.

MetricBellaraMurray
Median house price$865K$865K
Median unit price$650K$480K
Gross rental yield (houses)3.95%3.54%
Gross rental yield (units)3.95%5.53%
1-year house growth+12.1%-
3-year house growth+40.5%-
Vacancy rate0.5%1.6%
Population3,2781,739

Bellara vs Murray: what the numbers say

Houses cost about the same in both suburbs: the median house price is $865K in Bellara and $865K in Murray.

For units, Bellara sits at a median of $650K against $480K in Murray, which makes Murray the more affordable unit market and Bellara the pricier one.

On cash flow, Bellara leads: houses there return a gross rental yield of 3.95%, compared with 3.54% in Murray, a gap of 0.41 percentage points.

Rental vacancy is 0.5% in Bellara and 1.6% in Murray, so landlords in Bellara face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Bellara is the bigger suburb, with a population of 3,278 against 1,739, larger than Murray; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Bellara for rental income, Bellara 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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