Bongaree vs Craignish
Property investment comparison - Bongaree, QLD 4507 vs Craignish, QLD 4655
Head-to-head across core investment metrics: Bongaree wins 2, Craignish 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 | Bongaree | Craignish |
|---|---|---|
| Median house price | $1.1M | $1.1M |
| Median unit price | - | $570K |
| Gross rental yield (houses) | 3.60% | 3.62% |
| Gross rental yield (units) | - | 5.07% |
| 1-year house growth | +19.3%estimate | +10.4%estimate |
| 3-year house growth | - | - |
| Vacancy rate | 0.6% | 1.2% |
| Population | 8,162 | 2,190 |
Bongaree vs Craignish: what the numbers say
The median house price is $1.1M in Bongaree and $1.1M in Craignish, so Craignish is the cheaper entry point.
Gross rental yield on houses is effectively level, at 3.60% in Bongaree and 3.62% in Craignish, so neither suburb has a cash flow edge on houses.
Over the past year house prices moved +19.3% in Bongaree (an estimate) and +10.4% in Craignish (an estimate), so recent momentum favours Bongaree, although both suburbs recorded growth.
Rental vacancy is 0.6% in Bongaree and 1.2% in Craignish, so landlords in Bongaree face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.
Bongaree is the bigger suburb, with a population of 8,162 against 2,190, roughly 3.7 times the size of Craignish; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Craignish for a lower purchase price, Bongaree for recent price momentum, Bongaree 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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