Keperra vs Merrimac
Property investment comparison - Keperra, QLD 4054 vs Merrimac, QLD 4226
Head-to-head across core investment metrics: Keperra wins 4, Merrimac wins 1. 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 | Keperra | Merrimac |
|---|---|---|
| Median house price | $1.2M | $1.2M |
| Median unit price | - | - |
| Gross rental yield (houses) | 3.06% | 4.03% |
| Gross rental yield (units) | - | 5.40% |
| 1-year house growth | +15.0% | +14.9% |
| 3-year house growth | +50.8% | +43.2% |
| Vacancy rate | 0.8% | 1.0% |
| Population | 7,014 | 7,212 |
Keperra vs Merrimac: what the numbers say
The median house price is $1.2M in Keperra and $1.2M in Merrimac, so Keperra is the cheaper entry point.
On cash flow, Merrimac leads: houses there return a gross rental yield of 4.03%, compared with 3.06% in Keperra, a gap of 0.97 percentage points.
Over the past year house prices moved +15.0% in Keperra and +14.9% in Merrimac, so recent momentum favours Keperra, although both suburbs recorded growth.
Looking back three years, Keperra houses are +50.8% and Merrimac houses +43.2%, so Keperra has compounded faster than Merrimac over the longer window.
Rental vacancy is 0.8% in Keperra and 1.0% in Merrimac, so landlords in Keperra face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.
Merrimac is the bigger suburb, with a population of 7,212 against 7,014, larger than Keperra; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Merrimac for rental income, Keperra for a lower purchase price, Keperra for recent price momentum, Keperra 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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