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Bongaree vs Shute Harbour

Property investment comparison - Bongaree, QLD 4507 vs Shute Harbour, QLD 4802

Head-to-head across core investment metrics: Bongaree wins 1, Shute Harbour 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.

MetricBongareeShute Harbour
Median house price$1.1M$1.1M
Median unit price-$705K
Gross rental yield (houses)3.60%4.30%
Gross rental yield (units)-4.61%
1-year house growth+19.3%estimate-
3-year house growth--
Vacancy rate0.6%1.0%
Population8,162113

Bongaree vs Shute Harbour: what the numbers say

The median house price is $1.1M in Bongaree and $1.1M in Shute Harbour, so Shute Harbour is the cheaper entry point.

On cash flow, Shute Harbour leads: houses there return a gross rental yield of 4.30%, compared with 3.60% in Bongaree, a gap of 0.70 percentage points.

Rental vacancy is 0.6% in Bongaree and 1.0% in Shute Harbour, 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 113, roughly 72 times the size of Shute Harbour; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Shute Harbour for rental income, Shute Harbour for a lower purchase price, Bongaree 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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