Conondale vs Toogoom
Property investment comparison - Conondale, QLD 4552 vs Toogoom, QLD 4655
Head-to-head across core investment metrics: Conondale wins 2, Toogoom 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 | Toogoom |
|---|---|---|
| Median house price | $870K | $870K |
| Median unit price | $680K | - |
| Gross rental yield (houses) | 3.73% | 3.80% |
| Gross rental yield (units) | 5.14% | 4.34% |
| 1-year house growth | +12.3%estimate | +16.3% |
| 3-year house growth | - | +23.0% |
| Vacancy rate | 1.2% | 2.6% |
| Population | 882 | 2,596 |
Conondale vs Toogoom: what the numbers say
Houses cost about the same in both suburbs: the median house price is $870K in Conondale and $870K in Toogoom.
On cash flow, Toogoom leads: houses there return a gross rental yield of 3.80%, compared with 3.73% in Conondale, a gap of 0.07 percentage points.
Over the past year house prices moved +12.3% in Conondale (an estimate) and +16.3% in Toogoom, so recent momentum favours Toogoom, although both suburbs recorded growth.
Rental vacancy is 1.2% in Conondale and 2.6% in Toogoom, so landlords in Conondale face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.
Toogoom is the bigger suburb, with a population of 2,596 against 882, roughly 2.9 times the size of Conondale; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Toogoom for rental income, Toogoom 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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