Calamvale vs Wellington Point

Houses cost about the same in both suburbs: the median house price is $1.4M in Calamvale and $1.4M in Wellington Point.

On cash flow, Wellington Point leads: houses there return a gross rental yield of 3.15%, compared with 3.06% in Calamvale, a gap of 0.09 percentage points.

Over the past year house prices moved +10.0% in Calamvale and +12.6% in Wellington Point, so recent momentum favours Wellington Point, although both suburbs recorded growth.

Looking back three years, Calamvale houses are +48.5% and Wellington Point houses +44.0%, so Calamvale has compounded faster than Wellington Point over the longer window.

Rental vacancy is 1.2% in Calamvale and 1.3% in Wellington Point, so landlords in Calamvale face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Calamvale is the bigger suburb, with a population of 17,994 against 12,661, larger than Wellington Point; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Wellington Point for rental income, Wellington Point for recent price momentum, Calamvale for the tighter rental market. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.