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Ivanhoe East vs Kew East

Property investment comparison - Ivanhoe East, VIC 3079 vs Kew East, VIC 3102

Head-to-head across core investment metrics: Ivanhoe East wins 3, Kew East wins 2. 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.

MetricIvanhoe EastKew East
Median house price$2.4M$2.3M
Median unit price-$1.1M
Gross rental yield (houses)1.93%2.40%
Gross rental yield (units)3.31%2.79%
1-year house growth-1.8%-2.0%estimate
3-year house growth+3.1%-
Vacancy rate1.1%1.1%
Population3,7626,620

Ivanhoe East vs Kew East: what the numbers say

The median house price is $2.4M in Ivanhoe East and $2.3M in Kew East, so Kew East is the cheaper entry point, with Ivanhoe East houses about 4% dearer.

On cash flow, Kew East leads: houses there return a gross rental yield of 2.40%, compared with 1.93% in Ivanhoe East, a gap of 0.47 percentage points.

Over the past year house prices moved -1.8% in Ivanhoe East and -2.0% in Kew East (an estimate), so recent momentum favours Ivanhoe East, while Kew East went backwards.

Rental vacancy is 1.1% in Ivanhoe East and 1.1% in Kew East, so landlords in Ivanhoe East face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Kew East is the bigger suburb, with a population of 6,620 against 3,762, larger than Ivanhoe East; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Kew East for rental income, Kew East for a lower purchase price, Ivanhoe East for recent price momentum, Ivanhoe East 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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