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Cleveland vs Murarrie

Property investment comparison - Cleveland, QLD 4163 vs Murarrie, QLD 4172

Head-to-head across core investment metrics: Cleveland wins 3, Murarrie 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.

MetricClevelandMurarrie
Median house price$1.3M$1.3M
Median unit price$870K$1.0M
Gross rental yield (houses)3.26%3.21%
Gross rental yield (units)3.81%-
1-year house growth+10.3%+15.3%estimate
3-year house growth+36.9%-
Vacancy rate0.9%1.0%
Population15,8504,946

Cleveland vs Murarrie: what the numbers say

Houses cost about the same in both suburbs: the median house price is $1.3M in Cleveland and $1.3M in Murarrie.

For units, Cleveland sits at a median of $870K against $1.0M in Murarrie, which makes Cleveland the more affordable unit market and Murarrie the pricier one.

Gross rental yield on houses is effectively level, at 3.26% in Cleveland and 3.21% in Murarrie, so neither suburb has a cash flow edge on houses.

Over the past year house prices moved +10.3% in Cleveland and +15.3% in Murarrie (an estimate), so recent momentum favours Murarrie, although both suburbs recorded growth.

Rental vacancy is the same in both, at 0.9%.

Cleveland is the bigger suburb, with a population of 15,850 against 4,946, roughly 3.2 times the size of Murarrie; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Murarrie for recent price momentum. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.

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