Balgownie vs Mount Kembla
Property investment comparison - Balgownie, NSW 2519 vs Mount Kembla, NSW 2526
Head-to-head across core investment metrics: Balgownie wins 2, Mount Kembla wins 3. 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 | Balgownie | Mount Kembla |
|---|---|---|
| Median house price | $1.4M | $1.4M |
| Median unit price | $940K | $750K |
| Gross rental yield (houses) | 3.21% | - |
| Gross rental yield (units) | 4.25% | 4.87% |
| 1-year house growth | +6.9% | +3.6% |
| 3-year house growth | +17.7% | +23.5% |
| Vacancy rate | 0.8% | 7.4% |
| Population | 5,722 | 1,083 |
Balgownie vs Mount Kembla: what the numbers say
Houses cost about the same in both suburbs: the median house price is $1.4M in Balgownie and $1.4M in Mount Kembla.
For units, Balgownie sits at a median of $940K against $750K in Mount Kembla, which makes Mount Kembla the more affordable unit market and Balgownie the pricier one.
Over the past year house prices moved +6.9% in Balgownie and +3.6% in Mount Kembla, so recent momentum favours Balgownie, although both suburbs recorded growth.
Looking back three years, Balgownie houses are +17.7% and Mount Kembla houses +23.5%, so Mount Kembla has compounded faster than Balgownie over the longer window.
Rental vacancy is 0.8% in Balgownie and 7.4% in Mount Kembla, so landlords in Balgownie face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.
Balgownie is the bigger suburb, with a population of 5,722 against 1,083, roughly 5 times the size of Mount Kembla; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Balgownie for recent price momentum, Balgownie 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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