Kurunjang vs Laverton

The median house price is $620K in Kurunjang and $625K in Laverton, so Kurunjang is the cheaper entry point, with Laverton houses about 1% dearer.

For units, Kurunjang sits at a median of $450K against $575K in Laverton, which makes Kurunjang the more affordable unit market and Laverton the pricier one.

On cash flow, Laverton leads: houses there return a gross rental yield of 3.90%, compared with 3.64% in Kurunjang, a gap of 0.26 percentage points.

Over the past year house prices moved +12.8% in Kurunjang and +4.5% in Laverton, so recent momentum favours Kurunjang, although both suburbs recorded growth.

Looking back three years, Kurunjang houses are +18.3% and Laverton houses +6.4%, so Kurunjang has compounded faster than Laverton over the longer window.

Rental vacancy is 2.2% in Laverton and 2.4% in Kurunjang, so landlords in Laverton face less competition for tenants.

Kurunjang is the bigger suburb, with a population of 10,711 against 4,760, roughly 2.3 times the size of Laverton; a larger suburb usually means a deeper pool of buyers and tenants.

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