Hunchy vs Upper Kedron

The median house price is $1.4M in Hunchy and $1.4M in Upper Kedron, so Hunchy is the cheaper entry point.

For units, Hunchy sits at a median of $475K against $1.1M in Upper Kedron, which makes Hunchy the more affordable unit market and Upper Kedron the pricier one.

Over the past year house prices moved +11.2% in Hunchy and +12.8% in Upper Kedron, so recent momentum favours Upper Kedron, although both suburbs recorded growth.

Looking back three years, Hunchy houses are +26.7% and Upper Kedron houses +40.7%, so Upper Kedron has compounded faster than Hunchy over the longer window.

Rental vacancy is 1.0% in Upper Kedron and 4.0% in Hunchy, so landlords in Upper Kedron face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Upper Kedron is the bigger suburb, with a population of 5,800 against 592, roughly 10 times the size of Hunchy; a larger suburb usually means a deeper pool of buyers and tenants.

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