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Kurunjang vs Pine Grove

Property investment comparison - Kurunjang, VIC 3337 vs Pine Grove, VIC 3573

Head-to-head across core investment metrics: Kurunjang wins 0, Pine Grove wins 1. 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.

MetricKurunjangPine Grove
Median house price$620K$620K
Median unit price$450K-
Gross rental yield (houses)3.64%7.50%
Gross rental yield (units)4.80%-
1-year house growth+12.8%-
3-year house growth+18.3%-
Vacancy rate2.4%-
Population10,71140

Kurunjang vs Pine Grove: what the numbers say

Houses cost about the same in both suburbs: the median house price is $620K in Kurunjang and $620K in Pine Grove.

On cash flow, Pine Grove leads: houses there return a gross rental yield of 7.50%, compared with 3.64% in Kurunjang, a gap of 3.86 percentage points.

Kurunjang is the bigger suburb, with a population of 10,711 against 40, roughly 268 times the size of Pine Grove; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Pine Grove for rental income. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.

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