Kurri Kurri vs Raglan

Houses cost about the same in both suburbs: the median house price is $700K in Kurri Kurri and $700K in Raglan.

For units, Kurri Kurri sits at a median of $515K against $455K in Raglan, which makes Raglan the more affordable unit market and Kurri Kurri the pricier one.

On cash flow, Raglan leads: houses there return a gross rental yield of 4.40%, compared with 4.20% in Kurri Kurri, a gap of 0.20 percentage points.

Over the past year house prices moved +12.9% in Kurri Kurri and +8.0% in Raglan, so recent momentum favours Kurri Kurri, although both suburbs recorded growth.

Looking back three years, Kurri Kurri houses are +26.1% and Raglan houses +27.6%, so Raglan has compounded faster than Kurri Kurri over the longer window.

Rental vacancy is 1.4% in Raglan and 1.5% in Kurri Kurri, so landlords in Raglan face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Kurri Kurri is the bigger suburb, with a population of 6,174 against 1,272, roughly 4.9 times the size of Raglan; a larger suburb usually means a deeper pool of buyers and tenants.

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