Bonny Hills vs Croudace Bay

The median house price is $1.1M in Bonny Hills and $1.1M in Croudace Bay, so Bonny Hills is the cheaper entry point.

Gross rental yield on houses is effectively level, at 3.30% in Bonny Hills and 3.30% in Croudace Bay, so neither suburb has a cash flow edge on houses.

Over the past year house prices moved +7.1% in Bonny Hills and +4.9% in Croudace Bay (an estimate), so recent momentum favours Bonny Hills, although both suburbs recorded growth.

Rental vacancy is 1.0% in Bonny Hills and 2.6% in Croudace Bay, so landlords in Bonny Hills face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Bonny Hills is the bigger suburb, with a population of 3,045 against 641, roughly 4.8 times the size of Croudace Bay; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Bonny Hills for a lower purchase price, Bonny Hills for recent price momentum, Bonny Hills for the tighter rental market. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.