Black River vs Wyreema
Property investment comparison - Black River, QLD 4818 vs Wyreema, QLD 4352
Head-to-head across core investment metrics: Black River wins 2, Wyreema 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 | Black River | Wyreema |
|---|---|---|
| Median house price | $800K | $800K |
| Median unit price | $435K | $1.3M |
| Gross rental yield (houses) | - | 4.06% |
| Gross rental yield (units) | 5.89% | 1.40% |
| 1-year house growth | +15.1% | - |
| 3-year house growth | +53.8% | +62.8% |
| Vacancy rate | 2.9% | 0.6% |
| Population | 1,493 | 2,076 |
Black River vs Wyreema: what the numbers say
Houses cost about the same in both suburbs: the median house price is $800K in Black River and $800K in Wyreema.
For units, Black River sits at a median of $435K against $1.3M in Wyreema, which makes Black River the more affordable unit market and Wyreema the pricier one.
Looking back three years, Black River houses are +53.8% and Wyreema houses +62.8%, so Wyreema has compounded faster than Black River over the longer window.
Rental vacancy is 0.6% in Wyreema and 2.9% in Black River, so landlords in Wyreema face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.
Wyreema is the bigger suburb, with a population of 2,076 against 1,493, larger than Black River; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Wyreema 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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