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Ilbilbie vs Saunders Beach

Property investment comparison - Ilbilbie, QLD 4738 vs Saunders Beach, QLD 4818

Head-to-head across core investment metrics: Ilbilbie wins 0, Saunders Beach wins 4. 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.

MetricIlbilbieSaunders Beach
Median house price$580K$580K
Median unit price$920K$415K
Gross rental yield (houses)3.41%3.87%
Gross rental yield (units)-6.37%
1-year house growth+0.1%estimate+15.4%
3-year house growth-+54.7%
Vacancy rate3.8%1.6%
Population385385

Ilbilbie vs Saunders Beach: what the numbers say

Houses cost about the same in both suburbs: the median house price is $580K in Ilbilbie and $580K in Saunders Beach.

For units, Ilbilbie sits at a median of $920K against $415K in Saunders Beach, which makes Saunders Beach the more affordable unit market and Ilbilbie the pricier one.

On cash flow, Saunders Beach leads: houses there return a gross rental yield of 3.87%, compared with 3.41% in Ilbilbie, a gap of 0.46 percentage points.

Over the past year house prices moved +0.1% in Ilbilbie (an estimate) and +15.4% in Saunders Beach, so recent momentum favours Saunders Beach, although both suburbs recorded growth.

Rental vacancy is 1.6% in Saunders Beach and 3.8% in Ilbilbie, so landlords in Saunders Beach face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

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

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