Curramore vs Eli Waters
Property investment comparison - Curramore, QLD 4552 vs Eli Waters, QLD 4655
Head-to-head across core investment metrics: Curramore wins 1, Eli Waters 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.
| Metric | Curramore | Eli Waters |
|---|---|---|
| Median house price | $790K | $790K |
| Median unit price | $300K | - |
| Gross rental yield (houses) | 3.60% | 4.30% |
| Gross rental yield (units) | - | 6.08% |
| 1-year house growth | - | +14.3% |
| 3-year house growth | - | +35.2% |
| Vacancy rate | 1.3% | 3.2% |
| Population | 198 | 3,758 |
Curramore vs Eli Waters: what the numbers say
Houses cost about the same in both suburbs: the median house price is $790K in Curramore and $790K in Eli Waters.
On cash flow, Eli Waters leads: houses there return a gross rental yield of 4.30%, compared with 3.60% in Curramore, a gap of 0.70 percentage points.
Rental vacancy is 1.3% in Curramore and 3.2% in Eli Waters, so landlords in Curramore face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.
Eli Waters is the bigger suburb, with a population of 3,758 against 198, roughly 19 times the size of Curramore; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Eli Waters for rental income, Curramore 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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