Best Australian suburbs to invest in under $900K
30 suburbs match this filter today. Average 5-year capital growth across them is 11.3%/yr; average gross yield is 2.8%. The dominant signal right now is capital growth — Average 5-year capital growth in this filter is driving the ranking. Top pick: Sunshine (68/100). $9.1bn pipeline incl. Melbourne Airport Rail — Sunshine Hub, listings tightening 6.0% YoY.
Last updated: May 2026.
Score legend · 0–40 weak · 40–60 moderate · 60–75 strong · 75+ exceptional. Scores blend growth, yield, demand and infrastructure signals against your strategy. Full methodology →
- #1
Sunshine
$9.1bn pipeline incl. Melbourne Airport Rail — Sunshine Hub, listings tightening 6.0% YoY.
5y growth · 7.5%/yr$9.1bn pipeline68Growth🟡 Near capNear railDrivers- Infrastructure pipeline$9.1bn nearby
- Supply tightening-6.0% YoY
- Population growth+7.8% (5y)
- Capital growth7.5%/yr
Risks- At top of budget (92% of cap)
- Thin gross yield (2.1%)
Nearby construction ·Melbourne Airport Rail — Sunshine Hub0.0 kmApproved · 2033
3020 · BrimbankCompare investment case - #21.0% vacancy66Growth🟢 Under budgetDrivers
- Capital growth10.4%/yr
- Population growth+12.6% (5y)
- Supply tightening-9.0% YoY
- Tight rentals1.0%
Risks- No major construction project in this state
6062 · BayswaterCompare investment case - #31.2% vacancy65Growth🟢 Under budgetDrivers
- Population growth+10.0% (5y)
- Capital growth9.4%/yr
- Supply tightening-7.0% YoY
- Income growth+18.0% (5y)
Risks- No major construction project in this state
Closest construction ·Cross River Rail — Boggo Road17.9 kmConstruction · 2026
4114 · LoganCompare investment case - #41.1% vacancy65Growth🟡 Near capDrivers
- Capital growth12.4%/yr
- Population growth+10.0% (5y)
- Supply tightening-8.0% YoY
- Income growth+19.0% (5y)
Risks- At top of budget (94% of cap)
- No major construction project in this state
Closest construction ·Cross River Rail — Roma Street16.5 kmConstruction · 2026
4017 · BrisbaneCompare investment case - #51.1% vacancy65Growth🟡 Near capDrivers
- Capital growth11.8%/yr
- Population growth+10.0% (5y)
- Supply tightening-8.0% YoY
- Income growth+19.0% (5y)
Risks- At top of budget (94% of cap)
- No major construction project in this state
Closest construction ·Cross River Rail — Roma Street12.6 kmConstruction · 2026
4034 · BrisbaneCompare investment case - #61.2% vacancy65Growth🟢 Under budgetDrivers
- Capital growth12.8%/yr
- Population growth+10.0% (5y)
- Supply tightening-7.0% YoY
- Income growth+18.0% (5y)
Risks- No major construction project in this state
Closest construction ·Cross River Rail — Boggo Road15.8 kmConstruction · 2026
4078 · BrisbaneCompare investment case - #71.2% vacancy65Growth🟢 Under budgetDrivers
- Capital growth13.5%/yr
- Population growth+10.0% (5y)
- Supply tightening-7.0% YoY
- Income growth+18.0% (5y)
Risks- No major construction project in this state
Closest construction ·Cross River Rail — Boggo Road22.7 kmConstruction · 2026
4300 · IpswichCompare investment case - #81.2% vacancy65Growth🟢 Under budgetDrivers
- Capital growth11.8%/yr
- Population growth+12.6% (5y)
- Tight rentals1.2%
- Supply tightening-4.0% YoY
Risks- No major construction project in this state
6069 · SwanCompare investment case - #91.2% vacancy65Growth🟢 Under budgetDrivers
- Capital growth10.5%/yr
- Population growth+12.6% (5y)
- Tight rentals1.2%
- Supply tightening-4.0% YoY
Risks- No major construction project in this state
6056 · SwanCompare investment case - #101.3% vacancy65Growth🟢 Under budgetDrivers
- Capital growth12.4%/yr
- Supply tightening-6.0% YoY
- Population growth+7.8% (5y)
- Rental yield3.5%
Risks- No major construction project in this state
Closest construction ·Suburban Rail Loop East — Cheltenham27.5 kmConstruction · 2035
3977 · FrankstonCompare investment case
Other budgets in Australia
Same budget, other states
Want to customise this filter?
Open the customizer with this state and budget pre-filled.
Open the customizer