Kergunyah vs Spotswood

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

For units, Kergunyah sits at a median of $610K against $765K in Spotswood, which makes Kergunyah the more affordable unit market and Spotswood the pricier one.

On cash flow, Spotswood leads: houses there return a gross rental yield of 3.29%, compared with 3.03% in Kergunyah, a gap of 0.26 percentage points.

Over the past year house prices moved +9.6% in Kergunyah and -6.1% in Spotswood, so recent momentum favours Kergunyah, while Spotswood went backwards.

Rental vacancy is 3.6% in Spotswood and 6.0% in Kergunyah, so landlords in Spotswood face less competition for tenants.

Spotswood is the bigger suburb, with a population of 2,820 against 232, roughly 12 times the size of Kergunyah; a larger suburb usually means a deeper pool of buyers and tenants.

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