Deagon vs Karrabin
Property investment comparison - Deagon, QLD 4017 vs Karrabin, QLD 4306
Head-to-head across core investment metrics: Deagon wins 2, Karrabin wins 3. 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 | Deagon | Karrabin |
|---|---|---|
| Median house price | $1.1M | $1.1M |
| Median unit price | $340K | $335K |
| Gross rental yield (houses) | 3.24% | 2.87% |
| Gross rental yield (units) | 6.04% | 7.93% |
| 1-year house growth | - | +8.6% |
| 3-year house growth | +45.7% | - |
| Vacancy rate | 0.8% | 1.1% |
| Population | 3,773 | 416 |
Deagon vs Karrabin: what the numbers say
The median house price is $1.1M in Deagon and $1.1M in Karrabin, so Karrabin is the cheaper entry point.
For units, Deagon sits at a median of $340K against $335K in Karrabin, which makes Karrabin the more affordable unit market and Deagon the pricier one.
On cash flow, Deagon leads: houses there return a gross rental yield of 3.24%, compared with 2.87% in Karrabin, a gap of 0.37 percentage points.
Rental vacancy is 0.8% in Deagon and 1.1% in Karrabin, so landlords in Deagon face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.
Deagon is the bigger suburb, with a population of 3,773 against 416, roughly 9 times the size of Karrabin; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Deagon for rental income, Karrabin for a lower purchase price, Deagon 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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