Skip to main content

Cornubia vs Karalee

Property investment comparison - Cornubia, QLD 4130 vs Karalee, QLD 4306

Head-to-head across core investment metrics: Cornubia wins 5, Karalee wins 1. 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.

MetricCornubiaKaralee
Median house price$1.3M$1.3M
Median unit price$750K$920K
Gross rental yield (houses)3.36%2.83%
Gross rental yield (units)3.55%2.07%
1-year house growth+13.0%+10.4%
3-year house growth+41.3%+52.5%
Vacancy rate1.2%1.2%
Population7,8105,521

Cornubia vs Karalee: what the numbers say

Houses cost about the same in both suburbs: the median house price is $1.3M in Cornubia and $1.3M in Karalee.

For units, Cornubia sits at a median of $750K against $920K in Karalee, which makes Cornubia the more affordable unit market and Karalee the pricier one.

On cash flow, Cornubia leads: houses there return a gross rental yield of 3.36%, compared with 2.83% in Karalee, a gap of 0.53 percentage points.

Over the past year house prices moved +13.0% in Cornubia and +10.4% in Karalee, so recent momentum favours Cornubia, although both suburbs recorded growth.

Looking back three years, Cornubia houses are +41.3% and Karalee houses +52.5%, so Karalee has compounded faster than Cornubia over the longer window.

Rental vacancy is the same in both, at 1.2%.

Cornubia is the bigger suburb, with a population of 7,810 against 5,521, larger than Karalee; a larger suburb usually means a deeper pool of buyers and tenants.

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

Keep exploring

Compare any 2-4 Australian suburbs

Build your own multi-suburb comparison with the full interactive tool.

Open interactive comparison