Narangba vs Wondunna
Property investment comparison - Narangba, QLD 4504 vs Wondunna, QLD 4655
Head-to-head across core investment metrics: Narangba wins 2, Wondunna 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 | Narangba | Wondunna |
|---|---|---|
| Median house price | $1.0M | $1.0M |
| Median unit price | $525K | - |
| Gross rental yield (houses) | 3.48% | 3.61% |
| Gross rental yield (units) | - | - |
| 1-year house growth | +17.1% | +14.8%estimate |
| 3-year house growth | +37.9% | - |
| Vacancy rate | 1.6% | 6.0% |
| Population | 20,910 | 3,315 |
Narangba vs Wondunna: what the numbers say
Houses cost about the same in both suburbs: the median house price is $1.0M in Narangba and $1.0M in Wondunna.
On cash flow, Wondunna leads: houses there return a gross rental yield of 3.61%, compared with 3.48% in Narangba, a gap of 0.13 percentage points.
Over the past year house prices moved +17.1% in Narangba and +14.8% in Wondunna (an estimate), so recent momentum favours Narangba, although both suburbs recorded growth.
Rental vacancy is 1.6% in Narangba and 6.0% in Wondunna, so landlords in Narangba face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.
Narangba is the bigger suburb, with a population of 20,910 against 3,315, roughly 6 times the size of Wondunna; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Wondunna for rental income, Narangba for recent price momentum, Narangba 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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