Conondale vs River Heads
Property investment comparison - Conondale, QLD 4552 vs River Heads, QLD 4655
Head-to-head across core investment metrics: Conondale wins 2, River Heads 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.
| Metric | Conondale | River Heads |
|---|---|---|
| Median house price | $870K | $870K |
| Median unit price | $680K | - |
| Gross rental yield (houses) | 3.73% | 4.10% |
| Gross rental yield (units) | 5.14% | 4.65% |
| 1-year house growth | +12.3%estimate | +18.2% |
| 3-year house growth | - | +43.2% |
| Vacancy rate | 1.2% | 3.0% |
| Population | 882 | 2,044 |
Conondale vs River Heads: what the numbers say
Houses cost about the same in both suburbs: the median house price is $870K in Conondale and $870K in River Heads.
On cash flow, River Heads leads: houses there return a gross rental yield of 4.10%, compared with 3.73% in Conondale, a gap of 0.37 percentage points.
Over the past year house prices moved +12.3% in Conondale (an estimate) and +18.2% in River Heads, so recent momentum favours River Heads, although both suburbs recorded growth.
Rental vacancy is 1.2% in Conondale and 3.0% in River Heads, so landlords in Conondale face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.
River Heads is the bigger suburb, with a population of 2,044 against 882, roughly 2.3 times the size of Conondale; a larger suburb usually means a deeper pool of buyers and tenants.
In short: River Heads for rental income, River Heads for recent price momentum, Conondale 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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