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Fawkner vs Kanumbra

Property investment comparison - Fawkner, VIC 3060 vs Kanumbra, VIC 3719

Head-to-head across core investment metrics: Fawkner wins 1, Kanumbra wins 0. 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.

MetricFawknerKanumbra
Median house price$850K$850K
Median unit price$650K-
Gross rental yield (houses)3.60%-
Gross rental yield (units)--
1-year house growth+6.8%estimate-
3-year house growth--
Vacancy rate1.0%6.1%
Population14,27453

Fawkner vs Kanumbra: what the numbers say

Houses cost about the same in both suburbs: the median house price is $850K in Fawkner and $850K in Kanumbra.

Rental vacancy is 1.0% in Fawkner and 6.1% in Kanumbra, so landlords in Fawkner face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Fawkner is the bigger suburb, with a population of 14,274 against 53, roughly 269 times the size of Kanumbra; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Fawkner 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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