Caboolture vs Hervey Bay: Property Investment Comparison 2026
Side-by-side investment comparison to help you decide which suburb suits your investment goals.
Caboolture
lowQLD 4510
Hervey Bay
lowQLD 4655
Overview
This guide compares Caboolture (QLD, 4510) and Hervey Bay (QLD, 4655) as property investment options.
| Feature | Caboolture | Hervey Bay |
|---|---|---|
| State | QLD | QLD |
| Region | Metro Outer | Regional Major |
| Risk Level | Low | Low |
| Hybrid Score | 9.0/10 | 9.0/10 |
Price Comparison
| Price Metric | Caboolture | Hervey Bay |
|---|---|---|
| Median House | $590,000 | $540,000 |
| Median Unit | $380,000 | $350,000 |
| Median Townhouse | $470,000 | $430,000 |
Hervey Bay offers a lower entry price, approximately $50,000 (8%) cheaper at the median level.
Rental Yield Comparison
| Yield Metric | Caboolture | Hervey Bay |
|---|---|---|
| Gross Yield | 5.73% | 6.26% |
| House Rent/wk | $650 | $650 |
| Unit Rent/wk | $547 | $551 |
| Vacancy Rate | 1.3% | 1.1% |
| Days on Market | 24 | 22 |
Hervey Bay offers the higher gross yield at 6.26%, a difference of 0.53 percentage points.
Growth Comparison
| Growth Metric | Caboolture | Hervey Bay |
|---|---|---|
| 5yr Growth p.a. | 7.5% | 9.8% |
| 10yr Growth p.a. | 5.8% | 6.5% |
| Growth Score | 10.0/10 | 7.0/10 |
Hervey Bay has demonstrated stronger recent growth at 9.8% p.a. over the past 5 years.
Demographics Comparison
| Demographic | Caboolture | Hervey Bay |
|---|---|---|
| Population | 32,100 | 55,000 |
| Median Age | 35 | 45 |
| Household Income | $78,000 | $60,000 |
| Unemployment | 5.2% | 5.8% |
| Owner-Occupier | 55% | 62% |
Risk Comparison
| Risk Metric | Caboolture | Hervey Bay |
|---|---|---|
| Risk Level | Low | Low |
| Price Stability | 6.8/10 | 6.8/10 |
| Volatility | 3.8 | 3.5 |
Caboolture risks: Distance from Brisbane CBD; Flood risk in some areas; Higher vacancy than inner Brisbane
Hervey Bay risks: Aging demographic limits workforce growth; Seasonal tourism dependence; Distance from Brisbane
Investment Verdict
Who should invest where?
Growth seekers may prefer investigating Caboolture (growth score 10.0/10, 5yr growth 7.5% p.a.). This suburb is better positioned for capital appreciation over a longer holding period.
Yield hunters may prefer investigating Hervey Bay (yield score 10.0/10, gross yield 6.26%). This suburb provides stronger rental returns and better cashflow potential.
Balanced investors seeking both growth and income may prefer Hervey Bay (hybrid score 9.0/10), which offers the best overall combination of metrics.
This information is general in nature and does not constitute personal financial advice. Investment decisions should be based on your individual circumstances. Consider seeking professional advice before making any property investment.
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