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Murray vs Wulkuraka

Property investment comparison - Murray, QLD 4814 vs Wulkuraka, QLD 4305

Head-to-head across core investment metrics: Murray wins 2, Wulkuraka 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.

MetricMurrayWulkuraka
Median house price$865K$865K
Median unit price$480K-
Gross rental yield (houses)3.54%3.50%
Gross rental yield (units)5.53%3.70%
1-year house growth-+20.3%estimate
3-year house growth--
Vacancy rate1.6%0.1%
Population1,7391,325

Murray vs Wulkuraka: what the numbers say

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

Gross rental yield on houses is effectively level, at 3.54% in Murray and 3.50% in Wulkuraka, so neither suburb has a cash flow edge on houses.

Rental vacancy is 0.1% in Wulkuraka and 1.6% in Murray, so landlords in Wulkuraka 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 1,325, larger than Wulkuraka; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Wulkuraka 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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