Deception Bay vs Toogoom

Houses cost about the same in both suburbs: the median house price is $870K in Deception Bay and $870K in Toogoom.

On cash flow, Toogoom leads: houses there return a gross rental yield of 3.80%, compared with 3.67% in Deception Bay, a gap of 0.13 percentage points.

Over the past year house prices moved +16.0% in Deception Bay and +16.3% in Toogoom, so recent momentum favours Toogoom, although both suburbs recorded growth.

Looking back three years, Deception Bay houses are +46.6% and Toogoom houses +23.0%, so Deception Bay has compounded faster than Toogoom over the longer window.

Rental vacancy is 0.7% in Deception Bay and 2.6% in Toogoom, so landlords in Deception Bay face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Deception Bay is the bigger suburb, with a population of 19,573 against 2,596, roughly 8 times the size of Toogoom; a larger suburb usually means a deeper pool of buyers and tenants.

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