Hollywell vs Kenmore

The median house price is $1.5M in Hollywell and $1.5M in Kenmore, so Kenmore is the cheaper entry point, with Hollywell houses about 1% dearer.

For units, Hollywell sits at a median of $1.6M against $1.1M in Kenmore, which makes Kenmore the more affordable unit market and Hollywell the pricier one.

Over the past year house prices moved +4.8% in Hollywell (an estimate) and +15.1% in Kenmore, so recent momentum favours Kenmore, although both suburbs recorded growth.

Rental vacancy is 1.6% in Kenmore and 2.8% in Hollywell, so landlords in Kenmore face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Kenmore is the bigger suburb, with a population of 9,675 against 2,930, roughly 3.3 times the size of Hollywell; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Kenmore for a lower purchase price, Kenmore for recent price momentum, Kenmore for the tighter rental market. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.