Toolooa vs Wondai
Property investment comparison - Toolooa, QLD 4680 vs Wondai, QLD 4606
Head-to-head across core investment metrics: Toolooa wins 4, Wondai 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 | Toolooa | Wondai |
|---|---|---|
| Median house price | $480K | $500K |
| Median unit price | $345K | $610K |
| Gross rental yield (houses) | 5.20% | 4.68% |
| Gross rental yield (units) | 6.59% | 2.82% |
| 1-year house growth | +16.2%estimate | - |
| 3-year house growth | - | +49.2% |
| Vacancy rate | 0.9% | 0.7% |
| Population | 992 | 1,975 |
Toolooa vs Wondai: what the numbers say
The median house price is $480K in Toolooa and $500K in Wondai, so Toolooa is the cheaper entry point, with Wondai houses about 4% dearer.
For units, Toolooa sits at a median of $345K against $610K in Wondai, which makes Toolooa the more affordable unit market and Wondai the pricier one.
On cash flow, Toolooa leads: houses there return a gross rental yield of 5.20%, compared with 4.68% in Wondai, a gap of 0.52 percentage points.
Rental vacancy is 0.7% in Wondai and 0.9% in Toolooa, so landlords in Wondai face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.
Wondai is the bigger suburb, with a population of 1,975 against 992, larger than Toolooa; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Toolooa for rental income, Toolooa for a lower purchase price, Wondai 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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