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Buffalo vs Kurunjang

Property investment comparison - Buffalo, VIC 3958 vs Kurunjang, VIC 3337

Head-to-head across core investment metrics: Buffalo wins 1, Kurunjang wins 2. 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.

MetricBuffaloKurunjang
Median house price$615K$620K
Median unit price$990K$450K
Gross rental yield (houses)-3.64%
Gross rental yield (units)-4.80%
1-year house growth-+12.8%
3-year house growth-+18.3%
Vacancy rate3.5%2.4%
Population28410,711

Buffalo vs Kurunjang: what the numbers say

The median house price is $615K in Buffalo and $620K in Kurunjang, so Buffalo is the cheaper entry point, with Kurunjang houses about 1% dearer.

For units, Buffalo sits at a median of $990K against $450K in Kurunjang, which makes Kurunjang the more affordable unit market and Buffalo the pricier one.

Rental vacancy is 2.4% in Kurunjang and 3.5% in Buffalo, so landlords in Kurunjang face less competition for tenants.

Kurunjang is the bigger suburb, with a population of 10,711 against 284, roughly 38 times the size of Buffalo; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Buffalo for a lower purchase price, Kurunjang for the tighter rental market. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.

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