Back to results

Annerley vs Milton vs Wavell Heights — which is best for infrastructure?

Same eight metrics, scored against the same benchmark, ranked against a $1.50Mbudget. Look for where one suburb is materially ahead — that's the dimension that should sway your call.

  1. Annerley

    QLD · 4103
    68Strong
    Median
    $1.15M
    5y growth
    10.8%/yr
    GrowthStable entry point

  2. Milton

    QLD · 4064
    68Strong
    Median
    $1.50M
    5y growth
    9.2%/yr
    GrowthStable but fully priced

  3. Wavell Heights

    QLD · 4012
    65Strong
    Median
    $1.09M
    5y growth
    11.2%/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
Annerley
Milton
Wavell Heights
Capital growth (5y)
weight 22%
10010.8%/yr
929.2%/yr
10011.2%/yr
Rental yield
weight 13%
331.6%
301.5%
402.0%
Rental demand
weight 10%
701.2%
681.3%
731.1%
Population growth
weight 12%
10010.0%
10010.0%
10010.0%
Income growth
weight 12%
7218.0%
8020.0%
7619.0%
Construction pipeline
weight 15%
37$1.9bn
60$3.0bn
0–
Affordability
weight 8%
2424% under cap
00% under cap
2727% under cap
Supply tightening
weight 8%
85-7.0% YoY
80-6.0% YoY
90-8.0% YoY

Winner per dimension

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

  1. Annerley

    0/8

    No outright lead on any single dimension.

  2. Milton

    2/8
    • Income growth
    • Construction pipeline

  3. Wavell Heights

    4/8
    • Rental yield
    • Rental demand
    • Affordability
    • Supply tightening

Why Annerley

Stable entry point

10.8%/yr capital growth, population +10.0% (5y).

Drivers
  • Capital growth10.8%/yr
  • Population growth+10.0% (5y)
  • Supply tightening-7.0% YoY
  • Income growth+18.0% (5y)
Risks
  • Thin gross yield (1.6%)

Construction ·Cross River Rail — Boggo Road1.5 kmConstruction · 2026

Why Milton

Stable but fully priced

population +10.0% (5y), 9.2%/yr capital growth.

Drivers
  • Population growth+10.0% (5y)
  • Capital growth9.2%/yr
  • Income growth+20.0% (5y)
  • Supply tightening-6.0% YoY
Risks
  • At top of budget (100% of cap)
  • Thin gross yield (1.5%)

Construction ·Cross River Rail — Roma Street1.3 kmConstruction · 2026

Why Wavell Heights

Growth-led, low cashflow

11.2%/yr capital growth, population +10.0% (5y).

Drivers
  • Capital growth11.2%/yr
  • Population growth+10.0% (5y)
  • Supply tightening-8.0% YoY
  • Income growth+19.0% (5y)
Risks
  • Thin gross yield (2.0%)
  • No major construction project in this state

Construction ·Cross River Rail — Roma Street8.8 kmConstruction · 2026