Croydon North vs Kennett River
Property investment comparison - Croydon North, VIC 3136 vs Kennett River, VIC 3234
Head-to-head across core investment metrics: Croydon North wins 2, Kennett River wins 1. 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 | Croydon North | Kennett River |
|---|---|---|
| Median house price | $1.1M | $1.1M |
| Median unit price | $715K | $485K |
| Gross rental yield (houses) | 3.57% | 2.76% |
| Gross rental yield (units) | 4.50% | - |
| 1-year house growth | +0.8%estimate | - |
| 3-year house growth | - | - |
| Vacancy rate | 1.6% | - |
| Population | 8,092 | 74 |
Croydon North vs Kennett River: what the numbers say
The median house price is $1.1M in Croydon North and $1.1M in Kennett River, so Croydon North is the cheaper entry point, with Kennett River houses about 1% dearer.
For units, Croydon North sits at a median of $715K against $485K in Kennett River, which makes Kennett River the more affordable unit market and Croydon North the pricier one.
On cash flow, Croydon North leads: houses there return a gross rental yield of 3.57%, compared with 2.76% in Kennett River, a gap of 0.81 percentage points.
Croydon North is the bigger suburb, with a population of 8,092 against 74, roughly 109 times the size of Kennett River; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Croydon North for rental income, Croydon North for a lower purchase price. 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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