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Mungar vs Taromeo

Property investment comparison - Mungar, QLD 4650 vs Taromeo, QLD 4314

Head-to-head across core investment metrics: Mungar wins 1, Taromeo 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.

MetricMungarTaromeo
Median house price$670K$670K
Median unit price$900K-
Gross rental yield (houses)-4.45%
Gross rental yield (units)2.33%-
1-year house growth+6.8%estimate+12.1%estimate
3-year house growth--
Vacancy rate1.1%1.4%
Population328373

Mungar vs Taromeo: what the numbers say

Houses cost about the same in both suburbs: the median house price is $670K in Mungar and $670K in Taromeo.

Over the past year house prices moved +6.8% in Mungar (an estimate) and +12.1% in Taromeo (an estimate), so recent momentum favours Taromeo, although both suburbs recorded growth.

Rental vacancy is 1.1% in Mungar and 1.4% in Taromeo, so landlords in Mungar face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Taromeo is the bigger suburb, with a population of 373 against 328, larger than Mungar; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Taromeo for recent price momentum, Mungar 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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