Fortitude Valley vs Kangaroo Point

Fortitude Valley (median $378,000) is roughly 77% cheaper to buy into than Kangaroo Point ($1,650,000).

Buying in Fortitude Valley or Kangaroo Point?

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Selling in Fortitude Valley? The free selling guide

Fortitude Valley and Kangaroo Point side by side

MeasureFortitude ValleyKangaroo Point
Price and market
Median house$378,000$1,650,000
Median unit$500,000$680,000
Renting
House rent$420/wk$710/wk
Unit rent$760/wk$800/wk
Owner occupied18.0%–
Renter occupied81.0%–
Schools
Schools nearby2020
Average ICSEA11121112
Lifestyle and people
Walk score100100
Transit score100100
Bike score100100
Population9,708–
Median age31–
Climate
Annual rainfall1007 mm1007 mm
Mean max, January30.0°C30.0°C

Green dot: better on that measure (lower price, higher growth, higher walkability, lower risk). Each suburb’s profile gives the source and period of its figures.

Which suits whom

For buyers
Fortitude Valley is the lower entry point at $378,000 median, 77% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.
For investors
Fortitude Valley offers the higher gross rental yield (5.78% vs 2.24%), favouring cash-flow investors.
For families
School and household data is too similar between the two to call a winner on family fit. Check the individual profiles for street-level school catchments.

Fortitude Valley vs Kangaroo Point: common questions

Is Fortitude Valley or Kangaroo Point cheaper to buy in?

Fortitude Valley has the lower median house price at $378,000, roughly 77% below Kangaroo Point ($1,650,000). The gap on units is usually similar but worth checking on the full suburb profiles.

Which suburb has higher rental yield, Fortitude Valley or Kangaroo Point?

Gross rental yield on houses is 5.78% in Fortitude Valley vs 2.24% in Kangaroo Point. Gross yield equals annual rent divided by purchase price. Net yield (after strata, rates, insurance, agent fees and maintenance) typically runs 1.5-2 percentage points lower.