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Kew vs Stonehaven

Property investment comparison - Kew, VIC 3101 vs Stonehaven, VIC 3218

Head-to-head across core investment metrics: Kew wins 2, Stonehaven wins 0. 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.

MetricKewStonehaven
Median house price$2.5M$2.7M
Median unit price$850K-
Gross rental yield (houses)2.35%-
Gross rental yield (units)4.05%-
1-year house growth-3.4%-
3-year house growth-9.3%-
Vacancy rate1.6%2.9%
Population24,49979

Kew vs Stonehaven: what the numbers say

The median house price is $2.5M in Kew and $2.7M in Stonehaven, so Kew is the cheaper entry point, with Stonehaven houses about 5% dearer.

Rental vacancy is 1.6% in Kew and 2.9% in Stonehaven, so landlords in Kew face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Kew is the bigger suburb, with a population of 24,499 against 79, roughly 310 times the size of Stonehaven; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Kew for a lower purchase price, Kew 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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