Carrington vs Kew

Houses cost about the same in both suburbs: the median house price is $1M in Carrington and $1M in Kew.

For units, Carrington sits at a median of $870K against $685K in Kew, which makes Kew the more affordable unit market and Carrington the pricier one.

On cash flow, Carrington leads: houses there return a gross rental yield of 3.95%, compared with 3.43% in Kew, a gap of 0.52 percentage points.

Over the past year house prices moved +3.0% in Carrington and +4.7% in Kew, so recent momentum favours Kew, although both suburbs recorded growth.

Looking back three years, Carrington houses are +17.5% and Kew houses +9.2%, so Carrington has compounded faster than Kew over the longer window.

Rental vacancy is 1.9% in Carrington and 2.3% in Kew, so landlords in Carrington face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Carrington is the bigger suburb, with a population of 2,061 against 1,761, larger than Kew; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Carrington for rental income, Kew for recent price momentum, Carrington for the tighter rental market. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.