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.
| Metric | Elliminyt | Kennington |
|---|---|---|
| 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 rate | 1.2% | 1.2% |
| Population | 3,260 | 5,880 |
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
- 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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