Kangaroo Point vs Sheldon

Houses cost about the same in both suburbs: the median house price is $1.8M in Kangaroo Point and $1.8M in Sheldon.

For units, Kangaroo Point sits at a median of $890K against $900K in Sheldon, which makes Kangaroo Point the more affordable unit market and Sheldon the pricier one.

Gross rental yield on houses is effectively level, at 2.46% in Kangaroo Point and 2.50% in Sheldon, so neither suburb has a cash flow edge on houses.

Over the past year house prices moved +2.6% in Kangaroo Point and +6.9% in Sheldon, so recent momentum favours Sheldon, although both suburbs recorded growth.

Looking back three years, Kangaroo Point houses are +35.8% and Sheldon houses +28.2%, so Kangaroo Point has compounded faster than Sheldon over the longer window.

Rental vacancy is 1.1% in Kangaroo Point and 3.1% in Sheldon, so landlords in Kangaroo Point face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Kangaroo Point is the bigger suburb, with a population of 9,689 against 1,762, roughly 5 times the size of Sheldon; a larger suburb usually means a deeper pool of buyers and tenants.

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