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Cranbrook vs Cremorne

Property investment comparison - Cranbrook, QLD 4814 vs Cremorne, QLD 4740

Head-to-head across core investment metrics: Cranbrook wins 1, Cremorne 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.

MetricCranbrookCremorne
Median house price$625K$615K
Median unit price$380K-
Gross rental yield (houses)4.76%5.36%
Gross rental yield (units)6.14%-
1-year house growth+16.6%-
3-year house growth+82.4%-
Vacancy rate0.5%0.9%
Population5,84419

Cranbrook vs Cremorne: what the numbers say

The median house price is $625K in Cranbrook and $615K in Cremorne, so Cremorne is the cheaper entry point, with Cranbrook houses about 2% dearer.

On cash flow, Cremorne leads: houses there return a gross rental yield of 5.36%, compared with 4.76% in Cranbrook, a gap of 0.60 percentage points.

Rental vacancy is 0.5% in Cranbrook and 0.9% in Cremorne, so landlords in Cranbrook face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Cranbrook is the bigger suburb, with a population of 5,844 against 19, roughly 308 times the size of Cremorne; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Cremorne for rental income, Cremorne for a lower purchase price, Cranbrook for the tighter rental market. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.

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