Cooloola Cove vs Edmonton

Houses cost about the same in both suburbs: the median house price is $750K in Cooloola Cove and $750K in Edmonton.

For units, Cooloola Cove sits at a median of $795K against $375K in Edmonton, which makes Edmonton the more affordable unit market and Cooloola Cove the pricier one.

Over the past year house prices moved +7.1% in Cooloola Cove and +16.9% in Edmonton, so recent momentum favours Edmonton, although both suburbs recorded growth.

Looking back three years, Cooloola Cove houses are +36.4% and Edmonton houses +55.9%, so Edmonton has compounded faster than Cooloola Cove over the longer window.

Rental vacancy is 0.9% in Edmonton and 3.1% in Cooloola Cove, so landlords in Edmonton face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Edmonton is the bigger suburb, with a population of 11,409 against 2,921, roughly 3.9 times the size of Cooloola Cove; a larger suburb usually means a deeper pool of buyers and tenants.

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