Kewarra Beach vs Loganlea

The median house price is $900K in Kewarra Beach and $905K in Loganlea, so Kewarra Beach is the cheaper entry point, with Loganlea houses about 1% dearer.

For units, Kewarra Beach sits at a median of $620K against $675K in Loganlea, which makes Kewarra Beach the more affordable unit market and Loganlea the pricier one.

On cash flow, Kewarra Beach leads: houses there return a gross rental yield of 4.50%, compared with 3.50% in Loganlea, a gap of 1.00 percentage points.

Over the past year house prices moved +12.5% in Kewarra Beach and +16.3% in Loganlea (an estimate), so recent momentum favours Loganlea, although both suburbs recorded growth.

Rental vacancy is 0.9% in Loganlea and 1.5% in Kewarra Beach, so landlords in Loganlea face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Loganlea is the bigger suburb, with a population of 8,716 against 6,133, larger than Kewarra Beach; a larger suburb usually means a deeper pool of buyers and tenants.

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