Bundaberg East vs Oonoonba
Property investment comparison - Bundaberg East, QLD 4670 vs Oonoonba, QLD 4811
Head-to-head across core investment metrics: Bundaberg East wins 2, Oonoonba 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.
| Metric | Bundaberg East | Oonoonba |
|---|---|---|
| Median house price | $590K | $590K |
| Median unit price | - | - |
| Gross rental yield (houses) | 5.00% | - |
| Gross rental yield (units) | - | - |
| 1-year house growth | +12.0% | +17.1% |
| 3-year house growth | +56.1% | +51.3% |
| Vacancy rate | 0.6% | 1.6% |
| Population | 2,839 | 2,050 |
Bundaberg East vs Oonoonba: what the numbers say
Houses cost about the same in both suburbs: the median house price is $590K in Bundaberg East and $590K in Oonoonba.
Over the past year house prices moved +12.0% in Bundaberg East and +17.1% in Oonoonba, so recent momentum favours Oonoonba, although both suburbs recorded growth.
Looking back three years, Bundaberg East houses are +56.1% and Oonoonba houses +51.3%, so Bundaberg East has compounded faster than Oonoonba over the longer window.
Rental vacancy is 0.6% in Bundaberg East and 1.6% in Oonoonba, so landlords in Bundaberg East face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.
Bundaberg East is the bigger suburb, with a population of 2,839 against 2,050, larger than Oonoonba; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Oonoonba for recent price momentum, Bundaberg East 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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Bundaberg East, QLD 4670
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