Collingwood Park vs Kewarra Beach

Houses cost about the same in both suburbs: the median house price is $900K in Collingwood Park and $900K in Kewarra Beach.

For units, Collingwood Park sits at a median of $615K against $620K in Kewarra Beach, which makes Collingwood Park the more affordable unit market and Kewarra Beach the pricier one.

On cash flow, Kewarra Beach leads: houses there return a gross rental yield of 4.50%, compared with 3.80% in Collingwood Park, a gap of 0.70 percentage points.

Over the past year house prices moved +19.2% in Collingwood Park and +12.5% in Kewarra Beach, so recent momentum favours Collingwood Park, although both suburbs recorded growth.

Looking back three years, Collingwood Park houses are +55.9% and Kewarra Beach houses +35.9%, so Collingwood Park has compounded faster than Kewarra Beach over the longer window.

Rental vacancy is 1.5% in Kewarra Beach and 2.1% in Collingwood Park, so landlords in Kewarra Beach face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Collingwood Park is the bigger suburb, with a population of 9,246 against 6,133, larger than Kewarra Beach; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Kewarra Beach for rental income, Collingwood Park for recent price momentum, Kewarra Beach for the tighter rental market. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.