Kewell vs Nhill
Property investment comparison - Kewell, VIC 3390 vs Nhill, VIC 3418
Head-to-head across core investment metrics: Kewell wins 2, Nhill wins 2. 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.
| Metric | Kewell | Nhill |
|---|---|---|
| Median house price | $275K | $280K |
| Median unit price | $290K | $375K |
| Gross rental yield (houses) | 5.07% | 6.64% |
| Gross rental yield (units) | - | 2.40% |
| 1-year house growth | - | +17.4%estimate |
| 3-year house growth | - | - |
| Vacancy rate | 0.9% | 0.1% |
| Population | 57 | 2,401 |
Kewell vs Nhill: what the numbers say
The median house price is $275K in Kewell and $280K in Nhill, so Kewell is the cheaper entry point, with Nhill houses about 2% dearer.
For units, Kewell sits at a median of $290K against $375K in Nhill, which makes Kewell the more affordable unit market and Nhill the pricier one.
On cash flow, Nhill leads: houses there return a gross rental yield of 6.64%, compared with 5.07% in Kewell, a gap of 1.57 percentage points.
Rental vacancy is 0.1% in Nhill and 0.9% in Kewell, so landlords in Nhill face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.
Nhill is the bigger suburb, with a population of 2,401 against 57, roughly 42 times the size of Kewell; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Nhill for rental income, Kewell for a lower purchase price, Nhill for the tighter rental market. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.
Keep exploring
- National investment guide - top suburbs across every metric
- Take the suburb finder quiz - 5 questions to match your goals
- How our investment score works
- Property investment glossary - every term defined
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