Bungalow vs Kirkwood
Property investment comparison - Bungalow, QLD 4870 vs Kirkwood, QLD 4680
Head-to-head across core investment metrics: Bungalow wins 3, Kirkwood 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 | Bungalow | Kirkwood |
|---|---|---|
| Median house price | $690K | $690K |
| Median unit price | $375K | - |
| Gross rental yield (houses) | - | 4.45% |
| Gross rental yield (units) | 6.38% | 3.92% |
| 1-year house growth | +16.6% | +15.4% |
| 3-year house growth | +43.9% | +54.0% |
| Vacancy rate | 0.7% | 2.2% |
| Population | 2,358 | 2,513 |
Bungalow vs Kirkwood: what the numbers say
Houses cost about the same in both suburbs: the median house price is $690K in Bungalow and $690K in Kirkwood.
Over the past year house prices moved +16.6% in Bungalow and +15.4% in Kirkwood, so recent momentum favours Bungalow, although both suburbs recorded growth.
Looking back three years, Bungalow houses are +43.9% and Kirkwood houses +54.0%, so Kirkwood has compounded faster than Bungalow over the longer window.
Rental vacancy is 0.7% in Bungalow and 2.2% in Kirkwood, so landlords in Bungalow face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.
Kirkwood is the bigger suburb, with a population of 2,513 against 2,358, larger than Bungalow; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Bungalow for recent price momentum, Bungalow 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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