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Drayton vs Kawungan

Property investment comparison - Drayton, QLD 4350 vs Kawungan, QLD 4655

Head-to-head across core investment metrics: Drayton wins 2, Kawungan 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.

MetricDraytonKawungan
Median house price$830K$830K
Median unit price$610K-
Gross rental yield (houses)3.60%4.20%
Gross rental yield (units)3.83%4.11%
1-year house growth+23.6%estimate+16.6%
3-year house growth-+35.2%
Vacancy rate0.4%2.4%
Population1,8135,460

Drayton vs Kawungan: what the numbers say

Houses cost about the same in both suburbs: the median house price is $830K in Drayton and $830K in Kawungan.

On cash flow, Kawungan leads: houses there return a gross rental yield of 4.20%, compared with 3.60% in Drayton, a gap of 0.60 percentage points.

Over the past year house prices moved +23.6% in Drayton (an estimate) and +16.6% in Kawungan, so recent momentum favours Drayton, although both suburbs recorded growth.

Rental vacancy is 0.4% in Drayton and 2.4% in Kawungan, so landlords in Drayton face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Kawungan is the bigger suburb, with a population of 5,460 against 1,813, roughly 3.0 times the size of Drayton; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Kawungan for rental income, Drayton for recent price momentum, Drayton 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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