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Benowa vs Rochedale

Property investment comparison - Benowa, QLD 4217 vs Rochedale, QLD 4123

Head-to-head across core investment metrics: Benowa wins 4, Rochedale wins 1. 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.

MetricBenowaRochedale
Median house price$1.8M$1.8M
Median unit price$1M$1.1M
Gross rental yield (houses)3.92%-
Gross rental yield (units)-4.10%
1-year house growth+16.9%+5.7%
3-year house growth+19.5%+14.6%
Vacancy rate2.0%2.3%
Population9,8897,633

Benowa vs Rochedale: what the numbers say

The median house price is $1.8M in Benowa and $1.8M in Rochedale, so Rochedale is the cheaper entry point.

For units, Benowa sits at a median of $1M against $1.1M in Rochedale, which makes Benowa the more affordable unit market and Rochedale the pricier one.

Over the past year house prices moved +16.9% in Benowa and +5.7% in Rochedale, so recent momentum favours Benowa, although both suburbs recorded growth.

Looking back three years, Benowa houses are +19.5% and Rochedale houses +14.6%, so Benowa has compounded faster than Rochedale over the longer window.

Rental vacancy is 2.0% in Benowa and 2.3% in Rochedale, so landlords in Benowa face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Benowa is the bigger suburb, with a population of 9,889 against 7,633, larger than Rochedale; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Rochedale for a lower purchase price, Benowa for recent price momentum, Benowa 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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