Kedron vs Kelvin Grove

The median house price is $1.6M in Kedron and $1.6M in Kelvin Grove, so Kedron is the cheaper entry point.

For units, Kedron sits at a median of $820K against $845K in Kelvin Grove, which makes Kedron the more affordable unit market and Kelvin Grove the pricier one.

Gross rental yield on houses is effectively level, at 2.47% in Kedron and 2.48% in Kelvin Grove, so neither suburb has a cash flow edge on houses.

Over the past year house prices moved +13.1% in Kedron and +13.8% in Kelvin Grove (an estimate), so recent momentum favours Kelvin Grove, although both suburbs recorded growth.

Rental vacancy is 1.0% in Kedron and 1.4% in Kelvin Grove, so landlords in Kedron face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Kedron is the bigger suburb, with a population of 9,907 against 7,909, larger than Kelvin Grove; a larger suburb usually means a deeper pool of buyers and tenants.

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