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Kew vs Leumeah

Property investment comparison - Kew, NSW 2439 vs Leumeah, NSW 2560

Head-to-head across core investment metrics: Kew wins 0, Leumeah wins 5. The better choice depends on whether you're optimising for cash flow, growth, affordability, or liquidity, the table below highlights the winner on each metric.

MetricKewLeumeah
Median house price$1M$1M
Median unit price$685K$610K
Gross rental yield (houses)3.43%-
Gross rental yield (units)3.65%4.27%
1-year house growth+4.7%+9.3%
3-year house growth+9.2%+21.7%
Vacancy rate2.3%1.0%
Population1,7619,992

Kew vs Leumeah: what the numbers say

Houses cost about the same in both suburbs: the median house price is $1M in Kew and $1M in Leumeah.

For units, Kew sits at a median of $685K against $610K in Leumeah, which makes Leumeah the more affordable unit market and Kew the pricier one.

Over the past year house prices moved +4.7% in Kew and +9.3% in Leumeah, so recent momentum favours Leumeah, although both suburbs recorded growth.

Looking back three years, Kew houses are +9.2% and Leumeah houses +21.7%, so Leumeah has compounded faster than Kew over the longer window.

Rental vacancy is 1.0% in Leumeah and 2.3% in Kew, so landlords in Leumeah face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Leumeah is the bigger suburb, with a population of 9,992 against 1,761, roughly 6 times the size of Kew; a larger suburb usually means a deeper pool of buyers and tenants.

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

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