Back to results

Hamilton vs Newport vs Morwell — which is best for growth?

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. Hamilton

    VIC · 3300
    58Average
    Median
    $360k
    5y growth
    11.4%/yr
    GrowthStable entry · room to scale

  2. Newport

    VIC · 3015
    57Average
    Median
    $1.29M
    5y growth
    6.0%/yr
    GrowthStable entry point

  3. Morwell

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

Metric breakdown

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

Metric · weight
Hamilton
Newport
Morwell
Capital growth (5y)
weight 22%
10011.4%/yr
606.0%/yr
10011.9%/yr
Rental yield
weight 13%
683.4%
381.9%
713.6%
Rental demand
weight 10%
402.4%
681.3%
402.4%
Population growth
weight 12%
787.8%
787.8%
787.8%
Income growth
weight 12%
5213.0%
8421.0%
5213.0%
Construction pipeline
weight 15%
0–
30$1.5bn
0–
Affordability
weight 8%
7676% under cap
1414% under cap
7979% under cap
Supply tightening
weight 8%
25+5.0% YoY
85-7.0% YoY
25+5.0% YoY

Winner per dimension

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

  1. Hamilton

    0/8

    No outright lead on any single dimension.

  2. Newport

    4/8
    • Rental demand
    • Income growth
    • Construction pipeline
    • Supply tightening

  3. Morwell

    2/8
    • Rental yield
    • Affordability

Why Hamilton

Stable entry · room to scale

11.4%/yr capital growth, population +7.8% (5y).

Drivers
  • Capital growth11.4%/yr
  • Population growth+7.8% (5y)
  • Budget headroom76% under cap
  • Rental yield3.4%
Risks
  • No major construction project in this state

Construction ·Melbourne Airport Rail — Sunshine Hub247.3 kmApproved · 2033

Why Newport

Stable entry point

listings tightening 7.0% YoY, incomes +21.0% (5y).

Drivers
  • Supply tightening-7.0% YoY
  • Income growth+21.0% (5y)
  • Population growth+7.8% (5y)
  • Tight rentals1.3%
Risks
  • Thin gross yield (1.9%)

Construction ·West Gate Tunnel3.1 kmConstruction · 2025

Why Morwell

Stable entry · room to scale

11.9%/yr capital growth, 79% under your cap.

Drivers
  • Capital growth11.9%/yr
  • Budget headroom79% under cap
  • Population growth+7.8% (5y)
  • Rental yield3.6%
Risks
  • No major construction project in this state

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