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Coolangatta vs Mudjimba

Property investment comparison - Coolangatta, QLD 4225 vs Mudjimba, QLD 4564

Head-to-head across core investment metrics: Coolangatta wins 0, Mudjimba wins 4. 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.

MetricCoolangattaMudjimba
Median house price$1.7M$1.7M
Median unit price$1.3M$1M
Gross rental yield (houses)-3.15%
Gross rental yield (units)--
1-year house growth+6.0%estimate+14.2%
3-year house growth-+21.5%
Vacancy rate0.8%0.3%
Population6,4912,664

Coolangatta vs Mudjimba: what the numbers say

The median house price is $1.7M in Coolangatta and $1.7M in Mudjimba, so Mudjimba is the cheaper entry point, with Coolangatta houses about 1% dearer.

For units, Coolangatta sits at a median of $1.3M against $1M in Mudjimba, which makes Mudjimba the more affordable unit market and Coolangatta the pricier one.

Over the past year house prices moved +6.0% in Coolangatta (an estimate) and +14.2% in Mudjimba, so recent momentum favours Mudjimba, although both suburbs recorded growth.

Rental vacancy is 0.3% in Mudjimba and 0.8% in Coolangatta, so landlords in Mudjimba face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Coolangatta is the bigger suburb, with a population of 6,491 against 2,664, roughly 2.4 times the size of Mudjimba; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Mudjimba for a lower purchase price, Mudjimba for recent price momentum, Mudjimba 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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