Boonooroo vs Cosgrove
Property investment comparison - Boonooroo, QLD 4650 vs Cosgrove, QLD 4818
Head-to-head across core investment metrics: Boonooroo wins 0, Cosgrove wins 4. 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 | Boonooroo | Cosgrove |
|---|---|---|
| Median house price | $685K | $685K |
| Median unit price | $515K | - |
| Gross rental yield (houses) | 4.46% | 4.50% |
| Gross rental yield (units) | 4.91% | - |
| 1-year house growth | +9.3% | +16.2% |
| 3-year house growth | +45.1% | +69.8% |
| Vacancy rate | 2.1% | 1.5% |
| Population | 371 | 665 |
Boonooroo vs Cosgrove: what the numbers say
Houses cost about the same in both suburbs: the median house price is $685K in Boonooroo and $685K in Cosgrove.
Gross rental yield on houses is effectively level, at 4.46% in Boonooroo and 4.50% in Cosgrove, so neither suburb has a cash flow edge on houses.
Over the past year house prices moved +9.3% in Boonooroo and +16.2% in Cosgrove, so recent momentum favours Cosgrove, although both suburbs recorded growth.
Looking back three years, Boonooroo houses are +45.1% and Cosgrove houses +69.8%, so Cosgrove has compounded faster than Boonooroo over the longer window.
Rental vacancy is 1.5% in Cosgrove and 2.1% in Boonooroo, so landlords in Cosgrove face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.
Cosgrove is the bigger suburb, with a population of 665 against 371, larger than Boonooroo; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Cosgrove for recent price momentum, Cosgrove 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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