Coolum Beach vs Kelvin Grove
Property investment comparison - Coolum Beach, QLD 4573 vs Kelvin Grove, QLD 4059
Head-to-head across core investment metrics: Coolum Beach wins 1, Kelvin Grove 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 | Coolum Beach | Kelvin Grove |
|---|---|---|
| Median house price | $1.6M | $1.6M |
| Median unit price | $1.1M | $845K |
| Gross rental yield (houses) | - | 2.48% |
| Gross rental yield (units) | - | 4.30% |
| 1-year house growth | +12.2% | +13.8%estimate |
| 3-year house growth | +29.0% | - |
| Vacancy rate | 0.7% | 1.4% |
| Population | 9,152 | 7,909 |
Coolum Beach vs Kelvin Grove: what the numbers say
Houses cost about the same in both suburbs: the median house price is $1.6M in Coolum Beach and $1.6M in Kelvin Grove.
For units, Coolum Beach sits at a median of $1.1M against $845K in Kelvin Grove, which makes Kelvin Grove the more affordable unit market and Coolum Beach the pricier one.
Over the past year house prices moved +12.2% in Coolum Beach and +13.8% in Kelvin Grove (an estimate), so recent momentum favours Kelvin Grove, although both suburbs recorded growth.
Rental vacancy is 0.7% in Coolum Beach and 1.4% in Kelvin Grove, so landlords in Coolum Beach face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.
Coolum Beach is the bigger suburb, with a population of 9,152 against 7,909, larger than Kelvin Grove; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Kelvin Grove for recent price momentum, Coolum Beach 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
Compare any 2-4 Australian suburbs
Build your own multi-suburb comparison with the full interactive tool.
Open interactive comparison