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Memerambi vs Toolooa

Property investment comparison - Memerambi, QLD 4610 vs Toolooa, QLD 4680

Head-to-head across core investment metrics: Memerambi wins 2, Toolooa wins 4. 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.

MetricMemerambiToolooa
Median house price$490K$480K
Median unit price$180K$345K
Gross rental yield (houses)4.80%5.20%
Gross rental yield (units)9.28%6.59%
1-year house growth+14.5%estimate+16.2%estimate
3-year house growth--
Vacancy rate1.0%0.9%
Population338992

Memerambi vs Toolooa: what the numbers say

The median house price is $490K in Memerambi and $480K in Toolooa, so Toolooa is the cheaper entry point, with Memerambi houses about 2% dearer.

For units, Memerambi sits at a median of $180K against $345K in Toolooa, which makes Memerambi the more affordable unit market and Toolooa the pricier one.

On cash flow, Toolooa leads: houses there return a gross rental yield of 5.20%, compared with 4.80% in Memerambi, a gap of 0.40 percentage points.

Over the past year house prices moved +14.5% in Memerambi (an estimate) and +16.2% in Toolooa (an estimate), so recent momentum favours Toolooa, although both suburbs recorded growth.

Rental vacancy is the same in both, at 1.0%.

Toolooa is the bigger suburb, with a population of 992 against 338, roughly 2.9 times the size of Memerambi; a larger suburb usually means a deeper pool of buyers and tenants.

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

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