Kergunyah vs Newtown

The median house price is $1.2M in Kergunyah and $1.1M in Newtown, so Newtown is the cheaper entry point, with Kergunyah houses about 1% dearer.

For units, Kergunyah sits at a median of $610K against $580K in Newtown, which makes Newtown the more affordable unit market and Kergunyah the pricier one.

On cash flow, Kergunyah leads: houses there return a gross rental yield of 3.03%, compared with 2.96% in Newtown, a gap of 0.07 percentage points.

Over the past year house prices moved +9.6% in Kergunyah and +3.8% in Newtown, so recent momentum favours Kergunyah, although both suburbs recorded growth.

Rental vacancy is 0.8% in Newtown and 6.0% in Kergunyah, so landlords in Newtown face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Newtown is the bigger suburb, with a population of 10,445 against 232, roughly 45 times the size of Kergunyah; a larger suburb usually means a deeper pool of buyers and tenants.

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