Drayton vs Kearneys Spring

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

For units, Drayton sits at a median of $610K against $625K in Kearneys Spring, which makes Drayton the more affordable unit market and Kearneys Spring the pricier one.

On cash flow, Kearneys Spring leads: houses there return a gross rental yield of 3.85%, compared with 3.60% in Drayton, a gap of 0.25 percentage points.

Over the past year house prices moved +23.6% in Drayton (an estimate) and +17.8% in Kearneys Spring (an estimate), so recent momentum favours Drayton, although both suburbs recorded growth.

Rental vacancy is 0.4% in Drayton and 1.1% in Kearneys Spring, so landlords in Drayton face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Kearneys Spring is the bigger suburb, with a population of 9,419 against 1,813, roughly 5 times the size of Drayton; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Kearneys Spring 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.