Blackwood vs Kurunjang
Property investment comparison - Blackwood, VIC 3458 vs Kurunjang, VIC 3337
Head-to-head across core investment metrics: Blackwood wins 1, Kurunjang wins 4. 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 | Blackwood | Kurunjang |
|---|---|---|
| Median house price | $615K | $620K |
| Median unit price | $700K | $450K |
| Gross rental yield (houses) | - | 3.64% |
| Gross rental yield (units) | 3.58% | 4.80% |
| 1-year house growth | +5.7%estimate | +12.8% |
| 3-year house growth | - | +18.3% |
| Vacancy rate | 2.7% | 2.4% |
| Population | 387 | 10,711 |
Blackwood vs Kurunjang: what the numbers say
The median house price is $615K in Blackwood and $620K in Kurunjang, so Blackwood is the cheaper entry point, with Kurunjang houses about 1% dearer.
For units, Blackwood sits at a median of $700K against $450K in Kurunjang, which makes Kurunjang the more affordable unit market and Blackwood the pricier one.
Over the past year house prices moved +5.7% in Blackwood (an estimate) and +12.8% in Kurunjang, so recent momentum favours Kurunjang, although both suburbs recorded growth.
Rental vacancy is 2.4% in Kurunjang and 2.7% in Blackwood, so landlords in Kurunjang face less competition for tenants.
Kurunjang is the bigger suburb, with a population of 10,711 against 387, roughly 28 times the size of Blackwood; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Blackwood for a lower purchase price, Kurunjang for recent price momentum, Kurunjang 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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