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Chelmer vs Willawong

Property investment comparison - Chelmer, QLD 4068 vs Willawong, QLD 4110

Head-to-head across core investment metrics: Chelmer wins 2, Willawong 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.

MetricChelmerWillawong
Median house price$1.8M$1.8M
Median unit price-$460K
Gross rental yield (houses)3.01%-
Gross rental yield (units)5.49%5.07%
1-year house growth-1.7%estimate+8.1%
3-year house growth-+62.7%
Vacancy rate2.0%0.8%
Population3,325145

Chelmer vs Willawong: what the numbers say

The median house price is $1.8M in Chelmer and $1.8M in Willawong, so Chelmer is the cheaper entry point, with Willawong houses about 1% dearer.

Over the past year house prices moved -1.7% in Chelmer (an estimate) and +8.1% in Willawong, so recent momentum favours Willawong, while Chelmer went backwards.

Rental vacancy is 0.8% in Willawong and 2.0% in Chelmer, so landlords in Willawong face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Chelmer is the bigger suburb, with a population of 3,325 against 145, roughly 23 times the size of Willawong; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Chelmer for a lower purchase price, Willawong for recent price momentum, Willawong for the tighter rental market. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.

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