Craignish vs Shute Harbour
Property investment comparison - Craignish, QLD 4655 vs Shute Harbour, QLD 4802
Head-to-head across core investment metrics: Craignish wins 2, Shute Harbour 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 | Craignish | Shute Harbour |
|---|---|---|
| Median house price | $1.1M | $1.1M |
| Median unit price | $570K | $705K |
| Gross rental yield (houses) | 3.62% | 4.30% |
| Gross rental yield (units) | 5.07% | 4.61% |
| 1-year house growth | +10.4%estimate | - |
| 3-year house growth | - | - |
| Vacancy rate | 1.2% | 1.0% |
| Population | 2,190 | 113 |
Craignish vs Shute Harbour: what the numbers say
Houses cost about the same in both suburbs: the median house price is $1.1M in Craignish and $1.1M in Shute Harbour.
For units, Craignish sits at a median of $570K against $705K in Shute Harbour, which makes Craignish the more affordable unit market and Shute Harbour the pricier one.
On cash flow, Shute Harbour leads: houses there return a gross rental yield of 4.30%, compared with 3.62% in Craignish, a gap of 0.68 percentage points.
Rental vacancy is 1.0% in Shute Harbour and 1.2% in Craignish, so landlords in Shute Harbour face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.
Craignish is the bigger suburb, with a population of 2,190 against 113, roughly 19 times the size of Shute Harbour; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Shute Harbour for rental income, Shute Harbour 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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