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Boyne Island vs Mungar

Property investment comparison - Boyne Island, QLD 4680 vs Mungar, QLD 4650

Head-to-head across core investment metrics: Boyne Island wins 1, Mungar wins 1. 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 IslandMungar
Median house price$670K$670K
Median unit price-$900K
Gross rental yield (houses)4.50%-
Gross rental yield (units)-2.33%
1-year house growth+15.5%+6.8%estimate
3-year house growth+54.0%-
Vacancy rate1.2%1.1%
Population4,835328

Boyne Island vs Mungar: what the numbers say

Houses cost about the same in both suburbs: the median house price is $670K in Boyne Island and $670K in Mungar.

Over the past year house prices moved +15.5% in Boyne Island and +6.8% in Mungar (an estimate), so recent momentum favours Boyne Island, although both suburbs recorded growth.

Rental vacancy is 1.1% in Mungar and 1.2% in Boyne Island, so landlords in Mungar 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 328, roughly 15 times the size of Mungar; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Boyne Island for recent price momentum, Mungar 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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