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Black River vs Kalkie

Property investment comparison - Black River, QLD 4818 vs Kalkie, QLD 4670

Head-to-head across core investment metrics: Black River wins 2, Kalkie 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.

MetricBlack RiverKalkie
Median house price$800K$800K
Median unit price$435K-
Gross rental yield (houses)-4.30%
Gross rental yield (units)5.89%4.90%
1-year house growth+15.1%+13.2%estimate
3-year house growth+53.8%-
Vacancy rate2.9%0.9%
Population1,4932,968

Black River vs Kalkie: what the numbers say

Houses cost about the same in both suburbs: the median house price is $800K in Black River and $800K in Kalkie.

Over the past year house prices moved +15.1% in Black River and +13.2% in Kalkie (an estimate), so recent momentum favours Black River, although both suburbs recorded growth.

Rental vacancy is 0.9% in Kalkie and 2.9% in Black River, so landlords in Kalkie face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Kalkie is the bigger suburb, with a population of 2,968 against 1,493, larger than Black River; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Black River for recent price momentum, Kalkie 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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