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Coburg vs Morwell vs Footscray — which is best for infrastructure?

Same eight metrics, scored against the same benchmark, ranked against a $1.20Mbudget. Look for where one suburb is materially ahead — that's the dimension that should sway your call.

  1. Coburg

    VIC · 3058
    55Average
    Median
    $1.09M
    5y growth
    6.6%/yr
    GrowthStable but fully priced
  2. Morwell

    VIC · 3840
    59Average
    Median
    $314k
    5y growth
    11.9%/yr
    GrowthStable entry · room to scale
  3. Footscray

    VIC · 3011
    70Strong
    Median
    $945k
    5y growth
    7.1%/yr
    GrowthStable entry point

Metric breakdown

Each row scores 0–100 against a fixed benchmark. The leader on each row is highlighted.

Metric · weight
Coburg
Morwell
Footscray
Capital growth (5y)
weight 22%
666.6%/yr
10011.9%/yr
717.1%/yr
Rental yield
weight 13%
412.0%
713.6%
392.0%
Rental demand
weight 10%
701.2%
402.4%
681.3%
Population growth
weight 12%
787.8%
787.8%
787.8%
Income growth
weight 12%
8822.0%
5213.0%
8421.0%
Construction pipeline
weight 15%
0
0
100$5.2bn
Affordability
weight 8%
99% under cap
7474% under cap
2121% under cap
Supply tightening
weight 8%
90-8.0% YoY
25+5.0% YoY
85-7.0% YoY

Winner per dimension

Where each suburb leads the field, with the count of dimensions won.

  1. Coburg

    3/8
    • Rental demand
    • Income growth
    • Supply tightening
  2. Morwell

    3/8
    • Capital growth (5y)
    • Rental yield
    • Affordability
  3. Footscray

    1/8
    • Construction pipeline

Why Coburg

Stable but fully priced

listings tightening 8.0% YoY, incomes +22.0% (5y).

Drivers
  • Supply tightening-8.0% YoY
  • Income growth+22.0% (5y)
  • Population growth+7.8% (5y)
  • Tight rentals1.2%
Risks
  • At top of budget (91% of cap)
  • Thin gross yield (2.0%)

Construction ·Metro Tunnel — Parkville Station5.0 kmRecently completed · 2025

Why Morwell

Stable entry · room to scale

11.9%/yr capital growth, population +7.8% (5y).

Drivers
  • Capital growth11.9%/yr
  • Population growth+7.8% (5y)
  • Budget headroom74% under cap
  • Rental yield3.6%
Risks
  • No major construction project in this state

Construction ·Suburban Rail Loop East — Glen Waverley116.0 kmConstruction · 2035

Why Footscray

Stable entry point

$5.2bn pipeline incl. West Gate Tunnel, listings tightening 7.0% YoY.

Drivers
  • Infrastructure pipeline$5.2bn nearby
  • Supply tightening-7.0% YoY
  • Income growth+21.0% (5y)
  • Population growth+7.8% (5y)
Risks
  • Thin gross yield (2.0%)

Construction ·New Footscray Hospital0.0 kmConstruction · 2026