Caravonica vs Haliday Bay
Property investment comparison - Caravonica, QLD 4878 vs Haliday Bay, QLD 4740
Head-to-head across core investment metrics: Caravonica wins 1, Haliday Bay 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 | Caravonica | Haliday Bay |
|---|---|---|
| Median house price | $760K | $760K |
| Median unit price | $520K | $220K |
| Gross rental yield (houses) | 4.71% | 4.71% |
| Gross rental yield (units) | 5.56% | - |
| 1-year house growth | +14.1% | +14.1%estimate |
| 3-year house growth | +35.3% | - |
| Vacancy rate | 0.5% | 8.3% |
| Population | 2,183 | 172 |
Caravonica vs Haliday Bay: what the numbers say
Houses cost about the same in both suburbs: the median house price is $760K in Caravonica and $760K in Haliday Bay.
For units, Caravonica sits at a median of $520K against $220K in Haliday Bay, which makes Haliday Bay the more affordable unit market and Caravonica the pricier one.
Gross rental yield on houses is effectively level, at 4.71% in Caravonica and 4.71% in Haliday Bay, so neither suburb has a cash flow edge on houses.
Over the past year house prices moved +14.1% in both suburbs (an estimate).
Rental vacancy is 0.5% in Caravonica and 8.3% in Haliday Bay, so landlords in Caravonica face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.
Caravonica is the bigger suburb, with a population of 2,183 against 172, roughly 13 times the size of Haliday Bay; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Caravonica 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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