Fernvale vs Toogoom
Property investment comparison - Fernvale, QLD 4306 vs Toogoom, QLD 4655
Head-to-head across core investment metrics: Fernvale wins 4, Toogoom wins 0. 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 | Fernvale | Toogoom |
|---|---|---|
| Median house price | $870K | $870K |
| Median unit price | $540K | - |
| Gross rental yield (houses) | 3.80% | 3.80% |
| Gross rental yield (units) | 5.22% | 4.34% |
| 1-year house growth | +16.6% | +16.3% |
| 3-year house growth | +58.9% | +23.0% |
| Vacancy rate | 0.4% | 2.6% |
| Population | 3,629 | 2,596 |
Fernvale vs Toogoom: what the numbers say
Houses cost about the same in both suburbs: the median house price is $870K in Fernvale and $870K in Toogoom.
Gross rental yield on houses is effectively level, at 3.80% in Fernvale and 3.80% in Toogoom, so neither suburb has a cash flow edge on houses.
Over the past year house prices moved +16.6% in Fernvale and +16.3% in Toogoom, so recent momentum favours Fernvale, although both suburbs recorded growth.
Looking back three years, Fernvale houses are +58.9% and Toogoom houses +23.0%, so Fernvale has compounded faster than Toogoom over the longer window.
Rental vacancy is 0.4% in Fernvale and 2.6% in Toogoom, so landlords in Fernvale face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.
Fernvale is the bigger suburb, with a population of 3,629 against 2,596, larger than Toogoom; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Fernvale for recent price momentum, Fernvale 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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