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Boyne Island vs Mundingburra

Property investment comparison - Boyne Island, QLD 4680 vs Mundingburra, QLD 4812

Head-to-head across core investment metrics: Boyne Island wins 2, Mundingburra 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.

MetricBoyne IslandMundingburra
Median house price$670K$675K
Median unit price-$400K
Gross rental yield (houses)4.50%4.40%
Gross rental yield (units)-5.45%
1-year house growth+15.5%+20.0%estimate
3-year house growth+54.0%-
Vacancy rate1.2%0.8%
Population4,8353,594

Boyne Island vs Mundingburra: what the numbers say

The median house price is $670K in Boyne Island and $675K in Mundingburra, so Boyne Island is the cheaper entry point, with Mundingburra houses about 1% dearer.

On cash flow, Boyne Island leads: houses there return a gross rental yield of 4.50%, compared with 4.40% in Mundingburra, a gap of 0.10 percentage points.

Over the past year house prices moved +15.5% in Boyne Island and +20.0% in Mundingburra (an estimate), so recent momentum favours Mundingburra, although both suburbs recorded growth.

Rental vacancy is 0.8% in Mundingburra and 1.2% in Boyne Island, so landlords in Mundingburra face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Boyne Island is the bigger suburb, with a population of 4,835 against 3,594, larger than Mundingburra; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Boyne Island for rental income, Boyne Island for a lower purchase price, Mundingburra for recent price momentum, Mundingburra 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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