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Brookfield vs Kawana Island

Property investment comparison - Brookfield, QLD 4069 vs Kawana Island, QLD 4575

Head-to-head across core investment metrics: Brookfield wins 3, Kawana Island 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.

MetricBrookfieldKawana Island
Median house price$1.9M$2.0M
Median unit price$1.2M$1.1M
Gross rental yield (houses)2.89%2.77%
Gross rental yield (units)3.67%4.29%
1-year house growth-6.7%estimate-
3-year house growth--
Vacancy rate1.5%1.8%
Population3,640-

Brookfield vs Kawana Island: what the numbers say

The median house price is $1.9M in Brookfield and $2.0M in Kawana Island, so Brookfield is the cheaper entry point, with Kawana Island houses about 2% dearer.

For units, Brookfield sits at a median of $1.2M against $1.1M in Kawana Island, which makes Kawana Island the more affordable unit market and Brookfield the pricier one.

On cash flow, Brookfield leads: houses there return a gross rental yield of 2.89%, compared with 2.77% in Kawana Island, a gap of 0.12 percentage points.

Rental vacancy is 1.5% in Brookfield and 1.8% in Kawana Island, so landlords in Brookfield face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

In short: Brookfield for rental income, Brookfield for a lower purchase price, Brookfield 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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