Kooringal vs Scone

Houses cost about the same in both suburbs: the median house price is $660K in Kooringal and $660K in Scone.

For units, Kooringal sits at a median of $385K against $370K in Scone, which makes Scone the more affordable unit market and Kooringal the pricier one.

On cash flow, Scone leads: houses there return a gross rental yield of 4.50%, compared with 4.30% in Kooringal, a gap of 0.20 percentage points.

Over the past year house prices moved +13.8% in Kooringal and +9.4% in Scone, so recent momentum favours Kooringal, although both suburbs recorded growth.

Looking back three years, Kooringal houses are +30.9% and Scone houses +35.7%, so Scone has compounded faster than Kooringal over the longer window.

Rental vacancy is 0.8% in Scone and 2.5% in Kooringal, so landlords in Scone face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Kooringal is the bigger suburb, with a population of 7,404 against 5,824, larger than Scone; a larger suburb usually means a deeper pool of buyers and tenants.

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