Kurmond vs Riverwood

Houses cost about the same in both suburbs: the median house price is $1.6M in Kurmond and $1.6M in Riverwood.

For units, Kurmond sits at a median of $1.9M against $670K in Riverwood, which makes Riverwood the more affordable unit market and Kurmond the pricier one.

On cash flow, Riverwood leads: houses there return a gross rental yield of 2.60%, compared with 2.27% in Kurmond, a gap of 0.33 percentage points.

Over the past year house prices moved +7.5% in Kurmond (an estimate) and +8.0% in Riverwood (an estimate), so recent momentum favours Riverwood, although both suburbs recorded growth.

Rental vacancy is 0.5% in Riverwood and 7.0% in Kurmond, so landlords in Riverwood face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Riverwood is the bigger suburb, with a population of 12,793 against 850, roughly 15 times the size of Kurmond; a larger suburb usually means a deeper pool of buyers and tenants.

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