Magnolia vs Toolooa
Property investment comparison - Magnolia, QLD 4650 vs Toolooa, QLD 4680
Head-to-head across core investment metrics: Magnolia wins 1, Toolooa 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 | Magnolia | Toolooa |
|---|---|---|
| Median house price | $460K | $480K |
| Median unit price | - | $345K |
| Gross rental yield (houses) | - | 5.20% |
| Gross rental yield (units) | - | 6.59% |
| 1-year house growth | - | +16.2%estimate |
| 3-year house growth | - | - |
| Vacancy rate | 12.6% | 0.9% |
| Population | 115 | 992 |
Magnolia vs Toolooa: what the numbers say
The median house price is $460K in Magnolia and $480K in Toolooa, so Magnolia is the cheaper entry point, with Toolooa houses about 4% dearer.
Rental vacancy is 0.9% in Toolooa and 12.6% in Magnolia, so landlords in Toolooa face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.
Toolooa is the bigger suburb, with a population of 992 against 115, roughly 9 times the size of Magnolia; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Magnolia for a lower purchase price, Toolooa 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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