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Donald vs Kewell

Property investment comparison - Donald, VIC 3480 vs Kewell, VIC 3390

Head-to-head across core investment metrics: Donald wins 1, Kewell 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.

MetricDonaldKewell
Median house price$310K$275K
Median unit price-$290K
Gross rental yield (houses)5.82%5.07%
Gross rental yield (units)3.70%-
1-year house growth+8.9%-
3-year house growth+22.9%-
Vacancy rate1.5%0.9%
Population1,47257

Donald vs Kewell: what the numbers say

The median house price is $310K in Donald and $275K in Kewell, so Kewell is the cheaper entry point, with Donald houses about 13% dearer.

On cash flow, Donald leads: houses there return a gross rental yield of 5.82%, compared with 5.07% in Kewell, a gap of 0.75 percentage points.

Rental vacancy is 0.9% in Kewell and 1.5% in Donald, so landlords in Kewell face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Donald is the bigger suburb, with a population of 1,472 against 57, roughly 26 times the size of Kewell; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Donald for rental income, Kewell for a lower purchase price, Kewell 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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