Kurunjang vs Soldiers Hill

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

For units, Kurunjang sits at a median of $450K against $490K in Soldiers Hill, which makes Kurunjang the more affordable unit market and Soldiers Hill the pricier one.

On cash flow, Soldiers Hill leads: houses there return a gross rental yield of 3.72%, compared with 3.64% in Kurunjang, a gap of 0.08 percentage points.

Over the past year house prices moved +12.8% in Kurunjang and +11.4% in Soldiers Hill (an estimate), so recent momentum favours Kurunjang, although both suburbs recorded growth.

Rental vacancy is 0.4% in Soldiers Hill and 2.4% in Kurunjang, so landlords in Soldiers Hill face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Kurunjang is the bigger suburb, with a population of 10,711 against 2,813, roughly 3.8 times the size of Soldiers Hill; a larger suburb usually means a deeper pool of buyers and tenants.

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