Cooloola Cove vs Ooralea
Property investment comparison - Cooloola Cove, QLD 4580 vs Ooralea, QLD 4740
Head-to-head across core investment metrics: Cooloola Cove wins 0, Ooralea 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.
| Metric | Cooloola Cove | Ooralea |
|---|---|---|
| Median house price | $750K | $750K |
| Median unit price | $795K | $450K |
| Gross rental yield (houses) | 3.85% | - |
| Gross rental yield (units) | 2.33% | 7.01% |
| 1-year house growth | +7.1% | +11.3%estimate |
| 3-year house growth | +36.4% | - |
| Vacancy rate | 3.1% | 2.8% |
| Population | 2,921 | 3,691 |
Cooloola Cove vs Ooralea: what the numbers say
Houses cost about the same in both suburbs: the median house price is $750K in Cooloola Cove and $750K in Ooralea.
For units, Cooloola Cove sits at a median of $795K against $450K in Ooralea, which makes Ooralea the more affordable unit market and Cooloola Cove the pricier one.
Over the past year house prices moved +7.1% in Cooloola Cove and +11.3% in Ooralea (an estimate), so recent momentum favours Ooralea, although both suburbs recorded growth.
Rental vacancy is 2.8% in Ooralea and 3.1% in Cooloola Cove, so landlords in Ooralea face less competition for tenants.
Ooralea is the bigger suburb, with a population of 3,691 against 2,921, larger than Cooloola Cove; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Ooralea for recent price momentum, Ooralea 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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