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Belmunda vs St George

Property investment comparison - Belmunda, QLD 4740 vs St George, QLD 4487

Head-to-head across core investment metrics: Belmunda wins 1, St George 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.

MetricBelmundaSt George
Median house price$345K$360K
Median unit price-$220K
Gross rental yield (houses)-5.74%
Gross rental yield (units)-6.77%
1-year house growth-10.5%+23.3%
3-year house growth-+34.3%
Vacancy rate1.9%0.0%
Population63,130

Belmunda vs St George: what the numbers say

The median house price is $345K in Belmunda and $360K in St George, so Belmunda is the cheaper entry point, with St George houses about 4% dearer.

Over the past year house prices moved -10.5% in Belmunda and +23.3% in St George, so recent momentum favours St George, while Belmunda went backwards.

Rental vacancy is 0.0% in St George and 1.9% in Belmunda, so landlords in St George face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

St George is the bigger suburb, with a population of 3,130 against 6, roughly 522 times the size of Belmunda; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Belmunda for a lower purchase price, St George for recent price momentum, St George 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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