Kurunjang vs Newington
Property investment comparison - Kurunjang, VIC 3337 vs Newington, VIC 3350
Head-to-head across core investment metrics: Kurunjang wins 1, Newington wins 3. 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 | Kurunjang | Newington |
|---|---|---|
| Median house price | $620K | $620K |
| Median unit price | $450K | $295K |
| Gross rental yield (houses) | 3.64% | - |
| Gross rental yield (units) | 4.80% | 7.17% |
| 1-year house growth | +12.8% | +10.3%estimate |
| 3-year house growth | +18.3% | - |
| Vacancy rate | 2.4% | 2.1% |
| Population | 10,711 | 1,844 |
Kurunjang vs Newington: what the numbers say
Houses cost about the same in both suburbs: the median house price is $620K in Kurunjang and $620K in Newington.
For units, Kurunjang sits at a median of $450K against $295K in Newington, which makes Newington the more affordable unit market and Kurunjang the pricier one.
Over the past year house prices moved +12.8% in Kurunjang and +10.3% in Newington (an estimate), so recent momentum favours Kurunjang, although both suburbs recorded growth.
Rental vacancy is 2.1% in Newington and 2.4% in Kurunjang, so landlords in Newington face less competition for tenants.
Kurunjang is the bigger suburb, with a population of 10,711 against 1,844, roughly 6 times the size of Newington; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Kurunjang for recent price momentum, Newington 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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