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Kalkie vs Redridge

Property investment comparison - Kalkie, QLD 4670 vs Redridge, QLD 4660

Head-to-head across core investment metrics: Kalkie wins 2, Redridge 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.

MetricKalkieRedridge
Median house price$800K$800K
Median unit price-$405K
Gross rental yield (houses)4.30%4.08%
Gross rental yield (units)4.90%6.60%
1-year house growth+13.2%estimate+15.6%
3-year house growth-+44.1%
Vacancy rate0.9%3.4%
Population2,968711

Kalkie vs Redridge: what the numbers say

Houses cost about the same in both suburbs: the median house price is $800K in Kalkie and $800K in Redridge.

On cash flow, Kalkie leads: houses there return a gross rental yield of 4.30%, compared with 4.08% in Redridge, a gap of 0.22 percentage points.

Over the past year house prices moved +13.2% in Kalkie (an estimate) and +15.6% in Redridge, so recent momentum favours Redridge, although both suburbs recorded growth.

Rental vacancy is 0.9% in Kalkie and 3.4% in Redridge, so landlords in Kalkie face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Kalkie is the bigger suburb, with a population of 2,968 against 711, roughly 4.2 times the size of Redridge; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Kalkie for rental income, Redridge for recent price momentum, Kalkie 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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