Kenmore vs Mansfield

The median house price is $1.5M in Kenmore and $1.5M in Mansfield, so Kenmore is the cheaper entry point, with Mansfield houses about 1% dearer.

For units, Kenmore sits at a median of $1.1M against $815K in Mansfield, which makes Mansfield the more affordable unit market and Kenmore the pricier one.

Over the past year house prices moved +15.1% in Kenmore and +14.3% in Mansfield, so recent momentum favours Kenmore, although both suburbs recorded growth.

Looking back three years, Kenmore houses are +45.3% and Mansfield houses +53.4%, so Mansfield has compounded faster than Kenmore over the longer window.

Rental vacancy is 0.8% in Mansfield and 1.6% in Kenmore, so landlords in Mansfield face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Kenmore is the bigger suburb, with a population of 9,675 against 8,851, larger than Mansfield; a larger suburb usually means a deeper pool of buyers and tenants.

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