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Kooralbyn vs Murray

Property investment comparison - Kooralbyn, QLD 4285 vs Murray, QLD 4814

Head-to-head across core investment metrics: Kooralbyn wins 3, Murray 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.

MetricKooralbynMurray
Median house price$865K$865K
Median unit price$365K$480K
Gross rental yield (houses)3.67%3.54%
Gross rental yield (units)4.20%5.53%
1-year house growth+11.6%-
3-year house growth+45.9%-
Vacancy rate1.2%1.6%
Population1,6971,739

Kooralbyn vs Murray: what the numbers say

Houses cost about the same in both suburbs: the median house price is $865K in Kooralbyn and $865K in Murray.

For units, Kooralbyn sits at a median of $365K against $480K in Murray, which makes Kooralbyn the more affordable unit market and Murray the pricier one.

On cash flow, Kooralbyn leads: houses there return a gross rental yield of 3.67%, compared with 3.54% in Murray, a gap of 0.13 percentage points.

Rental vacancy is 1.2% in Kooralbyn and 1.6% in Murray, so landlords in Kooralbyn face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Murray is the bigger suburb, with a population of 1,739 against 1,697, larger than Kooralbyn; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Kooralbyn for rental income, Kooralbyn 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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