Caloundra vs Keperra
Property investment comparison - Caloundra, QLD 4551 vs Keperra, QLD 4054
Head-to-head across core investment metrics: Caloundra wins 1, Keperra wins 3. 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 | Caloundra | Keperra |
|---|---|---|
| Median house price | $1.2M | $1.2M |
| Median unit price | $880K | - |
| Gross rental yield (houses) | - | 3.06% |
| Gross rental yield (units) | 4.05% | - |
| 1-year house growth | +23.2% | +15.0% |
| 3-year house growth | +32.5% | +50.8% |
| Vacancy rate | 1.3% | 0.8% |
| Population | 3,932 | 7,014 |
Caloundra vs Keperra: what the numbers say
The median house price is $1.2M in Caloundra and $1.2M in Keperra, so Keperra is the cheaper entry point.
Over the past year house prices moved +23.2% in Caloundra and +15.0% in Keperra, so recent momentum favours Caloundra, although both suburbs recorded growth.
Looking back three years, Caloundra houses are +32.5% and Keperra houses +50.8%, so Keperra has compounded faster than Caloundra over the longer window.
Rental vacancy is 0.8% in Keperra and 1.3% in Caloundra, so landlords in Keperra face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.
Keperra is the bigger suburb, with a population of 7,014 against 3,932, larger than Caloundra; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Keperra for a lower purchase price, Caloundra for recent price momentum, Keperra 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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