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River Heads vs Toogoom

Property investment comparison - River Heads, QLD 4655 vs Toogoom, QLD 4655

Head-to-head across core investment metrics: River Heads wins 4, Toogoom 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.

MetricRiver HeadsToogoom
Median house price$870K$870K
Median unit price--
Gross rental yield (houses)4.10%3.80%
Gross rental yield (units)4.65%4.34%
1-year house growth+18.2%+16.3%
3-year house growth+43.2%+23.0%
Vacancy rate3.0%2.6%
Population2,0442,596

River Heads vs Toogoom: what the numbers say

Houses cost about the same in both suburbs: the median house price is $870K in River Heads and $870K in Toogoom.

On cash flow, River Heads leads: houses there return a gross rental yield of 4.10%, compared with 3.80% in Toogoom, a gap of 0.30 percentage points.

Over the past year house prices moved +18.2% in River Heads and +16.3% in Toogoom, so recent momentum favours River Heads, although both suburbs recorded growth.

Looking back three years, River Heads houses are +43.2% and Toogoom houses +23.0%, so River Heads has compounded faster than Toogoom over the longer window.

Rental vacancy is 2.6% in Toogoom and 3.0% in River Heads, so landlords in Toogoom face less competition for tenants.

Toogoom is the bigger suburb, with a population of 2,596 against 2,044, larger than River Heads; a larger suburb usually means a deeper pool of buyers and tenants.

In short: River Heads for rental income, River Heads for recent price momentum, Toogoom 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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