Kurunjang vs Trafalgar

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

For units, Kurunjang sits at a median of $450K against $440K in Trafalgar, which makes Trafalgar the more affordable unit market and Kurunjang the pricier one.

On cash flow, Trafalgar leads: houses there return a gross rental yield of 4.25%, compared with 3.64% in Kurunjang, a gap of 0.61 percentage points.

Over the past year house prices moved +12.8% in Kurunjang and +6.6% in Trafalgar, so recent momentum favours Kurunjang, although both suburbs recorded growth.

Looking back three years, Kurunjang houses are +18.3% and Trafalgar houses +9.8%, so Kurunjang has compounded faster than Trafalgar over the longer window.

Rental vacancy is 1.4% in Trafalgar and 2.4% in Kurunjang, so landlords in Trafalgar 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 4,349, roughly 2.5 times the size of Trafalgar; a larger suburb usually means a deeper pool of buyers and tenants.

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