Kensington Grove vs Taigum

The median house price is $1.1M in Kensington Grove and $1.1M in Taigum, so Kensington Grove is the cheaper entry point.

For units, Kensington Grove sits at a median of $830K against $795K in Taigum, which makes Taigum the more affordable unit market and Kensington Grove the pricier one.

On cash flow, Kensington Grove leads: houses there return a gross rental yield of 4.00%, compared with 3.64% in Taigum, a gap of 0.36 percentage points.

Over the past year house prices moved +15.6% in Kensington Grove and +19.5% in Taigum (an estimate), so recent momentum favours Taigum, although both suburbs recorded growth.

Rental vacancy is 0.5% in Taigum and 2.1% in Kensington Grove, so landlords in Taigum face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Taigum is the bigger suburb, with a population of 7,801 against 2,050, roughly 3.8 times the size of Kensington Grove; a larger suburb usually means a deeper pool of buyers and tenants.

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