Kings Park vs Learmonth
Property investment comparison - Kings Park, VIC 3021 vs Learmonth, VIC 3352
Head-to-head across core investment metrics: Kings Park wins 3, Learmonth 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.
| Metric | Kings Park | Learmonth |
|---|---|---|
| Median house price | $670K | $675K |
| Median unit price | - | $445K |
| Gross rental yield (houses) | 3.88% | - |
| Gross rental yield (units) | 4.57% | 4.04% |
| 1-year house growth | +6.9% | - |
| 3-year house growth | +11.8% | - |
| Vacancy rate | 1.0% | 1.9% |
| Population | 8,203 | 396 |
Kings Park vs Learmonth: what the numbers say
The median house price is $670K in Kings Park and $675K in Learmonth, so Kings Park is the cheaper entry point, with Learmonth houses about 1% dearer.
Rental vacancy is 1.0% in Kings Park and 1.9% in Learmonth, so landlords in Kings Park face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.
Kings Park is the bigger suburb, with a population of 8,203 against 396, roughly 21 times the size of Learmonth; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Kings Park for a lower purchase price, Kings Park 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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