Callemondah vs Richmond Hill
Property investment comparison - Callemondah, QLD 4680 vs Richmond Hill, QLD 4820
Head-to-head across core investment metrics: Callemondah wins 2, Richmond Hill 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.
| Metric | Callemondah | Richmond Hill |
|---|---|---|
| Median house price | $410K | $410K |
| Median unit price | $310K | - |
| Gross rental yield (houses) | 6.93% | 5.81% |
| Gross rental yield (units) | 7.29% | 4.88% |
| 1-year house growth | +15.8%estimate | +21.4%estimate |
| 3-year house growth | - | - |
| Vacancy rate | 2.0% | 0.4% |
| Population | 30 | 2,453 |
Callemondah vs Richmond Hill: what the numbers say
Houses cost about the same in both suburbs: the median house price is $410K in Callemondah and $410K in Richmond Hill.
On cash flow, Callemondah leads: houses there return a gross rental yield of 6.93%, compared with 5.81% in Richmond Hill, a gap of 1.12 percentage points.
Over the past year house prices moved +15.8% in Callemondah (an estimate) and +21.4% in Richmond Hill (an estimate), so recent momentum favours Richmond Hill, although both suburbs recorded growth.
Rental vacancy is 0.4% in Richmond Hill and 2.0% in Callemondah, so landlords in Richmond Hill face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.
Richmond Hill is the bigger suburb, with a population of 2,453 against 30, roughly 82 times the size of Callemondah; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Callemondah for rental income, Richmond Hill for recent price momentum, Richmond Hill 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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