Kangaroo Valley vs Lennox Head

The median house price is $1.7M in Kangaroo Valley and $1.7M in Lennox Head, so Lennox Head is the cheaper entry point.

For units, Kangaroo Valley sits at a median of $440K against $1.2M in Lennox Head, which makes Kangaroo Valley the more affordable unit market and Lennox Head the pricier one.

Over the past year house prices moved +16.5% in Kangaroo Valley and +2.8% in Lennox Head, so recent momentum favours Kangaroo Valley, although both suburbs recorded growth.

Rental vacancy is 0.8% in Lennox Head and 1.0% in Kangaroo Valley, so landlords in Lennox Head face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Lennox Head is the bigger suburb, with a population of 7,687 against 856, roughly 9 times the size of Kangaroo Valley; a larger suburb usually means a deeper pool of buyers and tenants.

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