Kawungan vs Urraween
Property investment comparison - Kawungan, QLD 4655 vs Urraween, QLD 4655
Head-to-head across core investment metrics: Kawungan wins 2, Urraween 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 | Kawungan | Urraween |
|---|---|---|
| Median house price | $830K | $830K |
| Median unit price | - | $625K |
| Gross rental yield (houses) | 4.20% | - |
| Gross rental yield (units) | 4.11% | 4.81% |
| 1-year house growth | +16.6% | +12.3% |
| 3-year house growth | +35.2% | +27.9% |
| Vacancy rate | 2.4% | 1.9% |
| Population | 5,460 | 7,951 |
Kawungan vs Urraween: what the numbers say
Houses cost about the same in both suburbs: the median house price is $830K in Kawungan and $830K in Urraween.
Over the past year house prices moved +16.6% in Kawungan and +12.3% in Urraween, so recent momentum favours Kawungan, although both suburbs recorded growth.
Looking back three years, Kawungan houses are +35.2% and Urraween houses +27.9%, so Kawungan has compounded faster than Urraween over the longer window.
Rental vacancy is 1.9% in Urraween and 2.4% in Kawungan, so landlords in Urraween face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.
Urraween is the bigger suburb, with a population of 7,951 against 5,460, larger than Kawungan; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Kawungan for recent price momentum, Urraween 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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