Skip to main content

Elliminyt vs Kennington

Property investment comparison - Elliminyt, VIC 3250 vs Kennington, VIC 3550

Head-to-head across core investment metrics: Elliminyt wins 2, Kennington wins 3. 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.

MetricElliminytKennington
Median house price$650K$650K
Median unit price-$470K
Gross rental yield (houses)4.31%4.09%
Gross rental yield (units)4.95%4.79%
1-year house growth+0.1%+10.8%
3-year house growth-13.3%+4.1%
Vacancy rate1.2%1.2%
Population3,2605,880

Elliminyt vs Kennington: what the numbers say

Houses cost about the same in both suburbs: the median house price is $650K in Elliminyt and $650K in Kennington.

On cash flow, Elliminyt leads: houses there return a gross rental yield of 4.31%, compared with 4.09% in Kennington, a gap of 0.22 percentage points.

Over the past year house prices moved +0.1% in Elliminyt and +10.8% in Kennington, so recent momentum favours Kennington, although both suburbs recorded growth.

Looking back three years, Elliminyt houses are -13.3% and Kennington houses +4.1%, so Kennington has compounded faster than Elliminyt over the longer window.

Rental vacancy is the same in both, at 1.2%.

Kennington is the bigger suburb, with a population of 5,880 against 3,260, larger than Elliminyt; a larger suburb usually means a deeper pool of buyers and tenants.

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

Keep exploring

Compare any 2-4 Australian suburbs

Build your own multi-suburb comparison with the full interactive tool.

Open interactive comparison