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Pearcedale vs Preston — which is best for growth?

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. Pearcedale

    VIC · 3912
    57Average
    Median
    $1.02M
    5y growth
    9.2%/yr
    GrowthGrowth-led, low cashflow

  2. Preston

    VIC · 3072
    56Average
    Median
    $985k
    5y growth
    7.0%/yr
    GrowthGrowth-led, low cashflow

Metric breakdown

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

Metric · weight
Pearcedale
Preston
Capital growth (5y)
weight 22%
929.2%/yr
707.0%/yr
Rental yield
weight 13%
412.0%
412.1%
Rental demand
weight 10%
681.3%
701.2%
Population growth
weight 12%
787.8%
787.8%
Income growth
weight 12%
6416.0%
8822.0%
Construction pipeline
weight 15%
0–
0–
Affordability
weight 8%
1515% under cap
1818% under cap
Supply tightening
weight 8%
80-6.0% YoY
90-8.0% YoY

Winner per dimension

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

  1. Pearcedale

    1/8
    • Capital growth (5y)

  2. Preston

    5/8
    • Rental yield
    • Rental demand
    • Income growth
    • Affordability
    • Supply tightening

Why Pearcedale

Growth-led, low cashflow

9.2%/yr capital growth, listings tightening 6.0% YoY.

Drivers
  • Capital growth9.2%/yr
  • Supply tightening-6.0% YoY
  • Population growth+7.8% (5y)
  • Tight rentals1.3%
Risks
  • Thin gross yield (2.0%)
  • No major construction project in this state

Construction ·Suburban Rail Loop East — Cheltenham30.2 kmConstruction · 2035

Why Preston

Growth-led, low cashflow

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)
  • Capital growth7.0%/yr
Risks
  • Thin gross yield (2.1%)
  • No major construction project in this state

Construction ·Metro Tunnel — Parkville Station6.4 kmRecently completed · 2025