Gracemere vs Mundingburra
Property investment comparison - Gracemere, QLD 4702 vs Mundingburra, QLD 4812
Head-to-head across core investment metrics: Gracemere wins 0, Mundingburra 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.
| Metric | Gracemere | Mundingburra |
|---|---|---|
| Median house price | $675K | $675K |
| Median unit price | - | $400K |
| Gross rental yield (houses) | 4.40% | 4.40% |
| Gross rental yield (units) | - | 5.45% |
| 1-year house growth | +18.6% | +20.0%estimate |
| 3-year house growth | +78.8% | - |
| Vacancy rate | 1.9% | 0.8% |
| Population | 12,023 | 3,594 |
Gracemere vs Mundingburra: what the numbers say
Houses cost about the same in both suburbs: the median house price is $675K in Gracemere and $675K in Mundingburra.
Gross rental yield on houses is effectively level, at 4.40% in Gracemere and 4.40% in Mundingburra, so neither suburb has a cash flow edge on houses.
Over the past year house prices moved +18.6% in Gracemere and +20.0% in Mundingburra (an estimate), so recent momentum favours Mundingburra, although both suburbs recorded growth.
Rental vacancy is 0.8% in Mundingburra and 1.9% in Gracemere, so landlords in Mundingburra face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.
Gracemere is the bigger suburb, with a population of 12,023 against 3,594, roughly 3.3 times the size of Mundingburra; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Mundingburra for recent price momentum, Mundingburra 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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